Pub. 11 2014 Issue 2

O V E R A C E N T U R Y : B U I L D I N G B E T T E R B A N K S - H E L P I N G N E W M E X I C O R E A L I Z E D R E A M S Summer • 2014 21 Sanjay K. Bhasin Named President and Chief Executive Officer of the Federal Home Loan Bank of Dallas Mr. Bhasin Succeeds Interim President and CEO Paul Joiner The Federal Home Loan Bank of Dallas (Dallas Bank) announced that its Board of Directors has named Sanjay K. Bhasin as President and Chief Executive Officer, effective May 12, 2014. He succeeds Interim President and CEO Paul Joiner. “I am excited to join the Federal Home Loan Bank of Dallas in May,” Mr. Bhasin said. “The Federal Home Loan Banks play a vital role serving the needs of community financial institutions across the U.S., and I look forward to working with the Board of Directors, management team and dedicated employees in Dallas to serve the members of Arkansas, Louisiana, Mississippi, New Mexico, and Texas.” Currently, Mr. Bhasin is the Executive Vice President & Group Head, Members and Markets at the Federal Home Loan Bank of Chicago (Chicago Bank) where he helped strengthen the value proposition for members through enhanced products, services, and funding solutions. Mr. Bhasin has served in a leadership role at the Chicago Bank since 2004. Prior to joining the Chicago Bank, he was responsible for managing the interest rate risk associated with Bank One, NA ‘s mortgage pipeline holdings from 1999 to 2004. ASSOCIATE MEMBER NEWS “Sanjay is well known for his creative strategic thinking and high-energy leadership style. With a decade of experience in the Federal Home Loan Bank System, he has a deep understanding of the funding, balance sheet, and liquidity needs of community fmancial institutions,” said James H. Clayton, Chairman of the Dallas Bank’s Board of Directors. “The Board unanimously agreed that he is the right leader for the Dallas Bank as we seek to deliver a best-in-class experience to our member financial institutions and position ourselves to play a vital role in any future housing finance system.” Mr. Bhasin succeeds Paul Joiner, who has served as the Dallas Bank’s Interim President and CEO since September 17, 2013. Mr. Joiner has served the Dallas Bank with distinction for 30 years, serving in various roles before assuming the position of lnterim President and CEO. He will transition to his former role as Senior Vice President, Chief Strategy Officer. About the Federal Home Loan Bank of Dallas The Federal Home Loan Bank of Dallas is one of 12 district banks in the FHLBank System created by Congress in 1932. FHLB Dallas, with total assets of $30.2 billion as of December 31, 2013, is a member-owned cooperative that supports housing and communi - ty development by providing competitively priced loans ‘and other credit products to approximately 900 members and associated in- stitutions in Arkansas, Louisiana, Mississippi, New Mexico, and Tex - as. For more information, visit the FHLB Dallas website at fhlb.com. visit us online! www.nmbankers.com www.nmbankers.com www.facebook.com/pages/New-Mexico-Bankers-Association/371559049590485 WELCOME TO OUR NEWEST ASSOCIATE MEMBERS Western Payments Alliance (dba WesPay) WesPay is a membership-based trade association with 1200 members in the Western U.S., including New Mexico. They are dedicated to promoting the growth and best use of electronic pay - ments through education, informational exchange, and member advocacy. Our services help to improve members’ payments busi - nesses through improved regulatory compliance, risk management controls and operational best practices. Contact: William Schoch, President & CEO; memberservices@wespay.org Capital CDC As a non-profit economic development firm, Capital CDC part - ners with bank and non-bank lenders to provide SBA 504 Loans, which provides long-term, low equity, fixed-rate financing for fixed assets/real property which may include the construction, land ac - quisition, renovation and equipment needs of a small business. Contact: Lorena Chavez, lorenachavez@capitalcdc.com