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CBAI Endorsed Candidate David Loundy Wins Election to the FHLB Chicago Board

The Federal Home Loan Bank (FHLB) of Chicago announced the winners for the 2019 Director Election, and CBAI member and endorsed candidate David Loundy was victorious.

Loundy is CEO and Chairman of Devon Bank, Chicago. Devon Bank was a founding member of CBAI in 1974, and Loundy was CBAI’s first third-generation board member. Loundy was elected to a four-year term beginning January 1, 2020 and expiring December 31, 2023.

THANK YOU for taking the time to vote Dave. He will be a great addition and another strong voice for community banking on the FHLB Chicago Board.