FHLBank Atlanta member institutions in Virginia re-elected Scott C.Harvard, president and CEO of Shore Bank in Onley, Virginia to a new four-yearterm. Harvard currently serves as chairman of the FHLBank Atlanta Board ofDirectors. Harvard has held his current positions at Shore Bank since 1985.He also serves as a board member and executive vice president of Hampton RoadsBankshares and as a member of the board of its other banking subsidiary, TheBank of Hampton Roads in Norfolk, Virginia. Harvard was first elected to theFHLBank Atlanta Board of Directors in 2003. During his tenure on the board,Harvard has served on the Audit, Credit and Member Services, Enterprise Riskand Operations, Executive, Finance, Governance and Compensation, and Housingand Community Investment committees of the board. He has been active in hiscommunity and in the banking associations in Virginia.

Member institutions in North Carolina re-elected Donna Goodrich, seniorexecutive vice president of BB&T in Winston-Salem, North Carolina to a newfour-year term. Goodrich has worked with BB&T since 1985 and has served on itsAsset Liability Committee since 1995. Her previous positions at BB&T includeMerger & Acquisitions Analyst and Corporate Funding Manager, with progressivepromotions to executive management. Goodrich currently serves on the Creditand Member Services and Finance committees of the board.

Member institutions in Virginia also elected Edward J. Woodard, Jr.,chairman, president and CEO of the Bank of the Commonwealth in Norfolk,Virginia to a three-year term. Woodard has held his current positions at theBank of the Commonwealth since 1973. He has been active in both the AmericanBankers Association and the Virginia Bankers Association since 1972.

All three member directors' new terms will begin January 1, 2009.

About FHLBank Atlanta

FHLBank Atlanta is a $193 billion asset financial institution thatprovides competitively-priced financing, which its members may use asliquidity and risk management tools, affordable housing financing, first timehome buyer grants, community development grants, and other banking services tomore than 1,200 financial institutions and their communities in Alabama,Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, and theDistrict of Columbia. FHLBank Atlanta is one of 12 district banks in theFederal Home Loan Bank System, which since 1990 has contributed more than $2billion to affordable housing development in the United States.

SOURCE Federal Home Loan Bank of Atlanta