Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today announced
the results of the 2020 director election. The Bank conducted an
election to fill the member directorships for North Carolina and
Virginia, an independent directorship, and a public interest
independent directorship. All of the directors-elect will begin a
four-year term commencing on January 1, 2021.
FHLBank Atlanta member institutions elected Edwina L. Payne to
serve as independent director, and Kim D. Saunders to serve as
public interest independent director. FHLBank Atlanta member
institutions in North Carolina re-elected Suzanne S. DeFerie to
serve as director representing that state, and FHLBank Atlanta
member institutions in Virginia re-elected Scott C. Harvard to
serve as director representing that state.
“Ms. DeFerie and Mr. Harvard represent the interests of North
Carolina and Virginia members well and provide valuable
contributions to the board and to FHLBank Atlanta. We are pleased
to have both of them return,” said FHLBank Atlanta Chair of the
Board of Directors, Rick Whaley. “We are also excited to welcome
Ms. Payne and Ms. Saunders to the board. Ms. Saunders is CEO of the
National Bankers Association, a prominent minority bankers
association, and Ms. Payne is the former technology leader for a
Fortune 500 company. The unique experiences and leadership of both
women will be of great benefit to the board and to FHLBank
Atlanta,” said Whaley.
Ms. Payne was most recently senior vice president, technology
strategy and enterprise portfolio, for McKesson Corporation in
Alpharetta, Georgia. She has more than 25 years’ experience leading
strategy, supply chain, and information technology for multiple
organizations across multiple industries and geographies.
Previously, Ms. Payne served as vice president and chief
information officer of Avanos Medical (formerly known as Halyard
Health Inc. (NYSE: HYH)), a medical technology company, from 2017
to 2019. From 2010 to 2016, she worked for Zimmer Biomet, a medical
device manufacturer, earning promotion to the role of vice
president and chief information officer. From 1999 to 2010, Ms.
Payne worked for Johnson & Johnson’s medical device unit,
serving most recently as worldwide vice president of program
management. She began her career with the Kellogg Company’s
information services division. She is a board member of Inspiredu
in Atlanta as well as a member of the Dean’s Council for Purdue
Polytechnic at Purdue University. She also serves on the Technology
Advisory Board for Marian University.
Ms. Saunders is director, president, and chief executive officer
of the National Bankers Association (NBA), the nation’s premier
trade association for minority depository institutions. She has
served on the NBA Board since 2013 and was appointed its president
and chief executive officer in 2018. Ms. Saunders is also the
founder, president, and chief executive officer of the Eads Group,
Inc., a community bank-focused multidisciplinary consulting
firm.
Previously, she served as president and chief
executive officer of M&F Bancorp, and its wholly owned
subsidiary, Mechanics & Farmers Bank from 2007 to 2014, and as
president and chief executive officer of Consolidated Bank and
Trust Company from 2003 to 2007. From 2018 to 2019, Ms. Saunders
served as a senior advisor for the Milken Institute’s Center for
Financial Markets. She is a member of the board of directors for
the Minbanc Foundation, and her former board service includes the
North Carolina Museum of Art Foundation (Treasurer), the North
Carolina Chamber of Commerce, the Wake Forest Baptist Medical
Center Board of Visitors, the North Carolina Bankers Association,
the North Carolina Central University Board of Trustees, and the
United Way of the Greater Triangle. She also formerly served on the
Independent Community Bankers Association’s Minority Banks Council
(vice chairman), the Federal Reserve Bank of Richmond’s Community
Depository Institutions Advisory Council, the inaugural Consumer
Financial Protection Bureau’s Community Bank Advisory Council, and
the FDIC’s Advisory Committee on Community Banking. Ms.
Saunders launched her banking career with the Chase Manhattan Bank
in New York City.
Ms. DeFerie has served as a member of the board of directors of
First Bank, a subsidiary of First Bancorp in Southern Pines, North
Carolina (NASDAQ-FBNC) since October 1, 2017. She served as
president and chief executive officer of Asheville Savings Bank,
S.S.B. in Asheville, North Carolina, from 2008 and its holding
company, ASB Bancorp, Inc. (NASDAQ-ASBB), from 2011 until October
1, 2017, when the bank and holding company were acquired by First
Bancorp. Ms. DeFerie also serves as a member of the board of
directors for First Bancorp. Prior to becoming president and chief
executive officer of Asheville Savings Bank and ASB Bancorp, Inc.,
Ms. DeFerie was executive vice president and chief financial
officer of Asheville Savings Bank for 16 years and began her career
in financial services as a CPA with Deloitte & Touche. She
currently is a member of the board of ANC Healthcare (formerly
Mission Health System), Asheville Merchants’ Fund, and the
Asheville Betterment Foundation of the Asheville Area Chamber of
Commerce. Former board service includes Chair of the Asheville Area
Chamber of Commerce, chair of the United Way of Asheville and
Buncombe County board, member of the Asheville Area Habitat for
Humanity board, member of the Economic Development Coalition for
Asheville-Buncombe County, member of the Mission Healthcare
Foundation board, member of the Federal Reserve Bank of Richmond’s
Community Depository Institutions Advisory Council, and President
of the Asheville Breakfast Rotary Club. She currently serves as
chairman of the Finance Committee of the Bank’s board.
Mr. Harvard has served as president, chief executive officer,
and director of First National Corporation (NASDAQ - FXNC) since
2011. He served as president, chief executive officer, and director
of First Bank, an independent Virginia community bank, from 2011 to
2015 and has served as chief executive officer and director of
First Bank since 2015. He previously served as a director of
FHLBank Atlanta from 2003 to 2012, serving as chairman from
2007-2012. He served on the board of the Virginia Association of
Community Banks from 2012 to 2014 and as a member of the executive
committee of the Virginia Bankers Association (VBA), previously
serving as its chairman. Mr. Harvard continues to serve on the VBA
board and is chair of the VBA Education Foundation. He is also a
director of Community Bankers Bank Financial Corp and its
subsidiary, Community Bankers Bank in Richmond, Virginia. He also
served on the Council of Federal Home Loan Banks. Mr. Harvard has
served on numerous non-profit boards over his career and currently
serves on the boards of the Top of Virginia Chamber of Commerce and
the Shenandoah Valley Westminster Canterbury, and on the Advisory
Board of the Shenandoah University School of Business. Mr.
Harvard currently serves as vice chairman of the Credit and Member
Services Committee and vice chairman of the Governance and
Compensation Committee of the Bank’s board.
About the Federal Home Loan Bank of Atlanta
FHLBank Atlanta offers competitively-priced financing, community
development grants, and other banking services to help member
financial institutions make affordable home mortgages and provide
economic development credit to neighborhoods and communities. The
Bank's members—its shareholders and customers—are commercial banks,
credit unions, savings institutions, community development
financial institutions, and insurance companies located in Alabama,
Florida, Georgia, Maryland, North Carolina, South Carolina,
Virginia, and the District of Columbia. FHLBank Atlanta is one of
11 district banks in the Federal Home Loan Bank System. Since 1990,
the FHLBanks have awarded approximately $6.6 billion in Affordable
Housing Program funds, assisting more than 957,000 households.
For more information, visit our website at
www.fhlbatl.com.
CONTACT: Peter E. GaruccioFederal Home Loan
Bank of Atlanta
pgaruccio@fhlbatl.com 404.888.8143
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