NORTH RICHLAND HILLS, Texas, Jan. 21, 2010 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of Dallas (Bank) is pleased to announce that Mike Rigby's term as a director of the Bank commenced on January 1, 2010.
A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7012
Mr. Rigby was recently elected by the Bank's member institutions in Texas to fill a two-year term that will expire on December 31, 2011. Mr. Rigby currently serves as Market President for Liberty Bank in North Richland Hills, Texas. He has more than 35 years of experience in the financial services industry. Prior to joining Liberty Bank, he served as Executive Vice President and Director of First National Bank of Weatherford from 1980 to 1998.
"I have always appreciated and believe the Federal Home Loan Bank of Dallas plays a much needed role in supporting housing and economic development," Mr. Rigby said. "Those persons that I have met over the years who are involved with the Bank, both staff and directors, are high quality individuals and I am looking forward to the opportunity to work with them toward fulfilling the Bank's mission."
Mr. Rigby also serves on the boards of directors of the Texas Bankers Association and the Birdville ISD Education Foundation and is an advisory director for the North Texas Special Needs Assistance Partners. In addition, he serves as vice chair of the North Richland Hills Economic Development Advisory Committee.
Mr. Rigby obtained his B.B.A. from Texas Tech University. He resides in North Richland Hills with his wife, Sunnye.
The Federal Home Loan Bank of Dallas is one of 12 district banks in the FHLBank System created by Congress in 1932. The Dallas Bank, with total assets of $67.3 billion as of September 30, 2009, is a member-owned cooperative that supports housing and community development by providing competitively priced loans and other credit products to more than 900 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. For more information, visit the Bank's web site at fhlb.com.
The Federal Home Loan Bank of Dallas logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=3013
The photo is also available via AP PhotoExpress.
