November 8, 2013
Steve Rosenbaum, President of Prospect Federal Savings in Worth, won re-election to a four year term to the Board of Directors of the Federal Home Loan Bank of Chicago. CBAI’s Board of Directors unanimously supported Rosenbaum’s re-election and congratulates him on this important accomplishment.
Rosenbaum is the current Vice Chairman of the FHLB-Chicago where he serves as Chairman of the Human Resources and Compensation Committee, and as a member of the Executive & Governance and Audit Committees. In addition, he is one of three members from the FHLB-Chicago serving on the Council of Federal Home Loan Banks which represents the positions and views of the Council's members to Washington policymakers.
Rosenbaum is a strong supporter of community banks. He believes his knowledge of the FHLB-Chicago will be valuable to his continued service on the Board and to help the Bank carry out its member focused mission.
Other CBAI members serving on the Chicago FHLB board are Jim Ashworth, President of CNB Bank and Trust, N.A., Carlinville; and Roger Lehmann, Chairman and CEO of Harvard State Bank.