July 29, 2014 3:23 PM ET

Thrifts and Mortgage Finance

Company Overview of Federal Home Loan Bank of Atlanta

Company Overview

Federal Home Loan Bank of Atlanta provides financial services to its members and housing associates in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, and the District of Columbia. It offers credit products, including advances, such as adjustable rate credit, fixed rate credit, and daily rate credit advances, as well as callable, hybrid, convertible, capped and floored, and expander advances; and irrevocable standby letters of credit. The company also provides community investment services, such as Affordable Housing Program, which provides direct subsidy funds or subsidized advances to members to support the financing of rental and for-sale housing for very lo...

1475 Peachtree Street NE

Atlanta, GA 30309

United States

Founded in 1932

343 Employees

Phone:

404-888-8000

Fax:

404-888-5560

Key Executives for Federal Home Loan Bank of Atlanta

Chief Executive Officer and President
Age: 50
Chief Financial Officer and Executive Vice President
Age: 53
Chief Operations Officer and Executive Vice President
Age: 54
Chief Business Officer and Executive Vice President
Age: 45
Senior Vice President and General Counsel
Age: 43
Compensation as of Fiscal Year 2014.

Federal Home Loan Bank of Atlanta Key Developments

Federal Home Loan Bank of Atlanta (Bank) Appoints William T. Shaw as First Vice President, Controller, Effective from June 28, 2014

The Federal Home Loan Bank of Atlanta (Bank) appointed William T. Shaw, to the position of First Vice President, Controller, effective June 28, 2014. Mr. Shaw currently serves as First Vice President, Director of Accounting Policy and Financial Reporting. He was appointed to the Director of Accounting Policy and Financial Reporting position in June, 2013 and was promoted to First Vice President in January, 2014. From 2009 to 2013 he served as Vice President, Director of Accounting Policy.

Federal Home Loan Bank of Atlanta Announces Retirement of J. Daniel Counce as Senior Vice President, Controller, Effective June 27, 2014

On June 3, 2014, J. Daniel Counce, currently serving as Senior Vice President, Controller of the Federal Home Loan Bank of Atlanta (the Bank), informed the Bank of his decision to retire from the Bank effective June 27, 2014, having served the Bank for over 24 years. Mr. Counce joined the Bank in 1990 as Assistant Vice President, Assistant Controller. In 1997 he was promoted to Vice President, Controller and in 2004 was named First Vice President, Controller. During his tenure at the Bank, Mr. Counce has provided the Bank with thoughtful leadership in all aspects of accounting management.

Federal Home Loan Bank of Atlanta Declares Dividend for the First Quarter Ended March 31, 2014, Payable on June 3, 2014

The Board of Directors of the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) has approved a dividend at an annualized rate of 3.74% for the first quarter of 2014. The dividend rate is equal to average three-month LIBOR plus 3.50% for the period of January 1, 2014, to March 31, 2014. The dividend will be credited to shareholders’ daily investment accounts at the close of business on June 3, 2014.

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