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BOSTON Mark E. Macomber, president and chief executive
officer of Litchfield Bancorp in Litchfield, Connecticut,
has been re-elected to the board of directors of the Federal
Home Loan Bank of Boston. He will be serving his second term,
which will run through December 31, 2008.
Mr. Macomber's career in banking spans more than 30 years.
He has worked at Litchfield Barcorp since 1993 and was elected
to his current position the following year. Mr. Macomber also
serves as president and chief executive officer of Connecticut
Mutual Holding Company, a two-bank organization that also
includes Northwest Community Bank in Winsted. In addition,
he serves as first vice chairman of America's Community Bankers.
Mr. Macomber also serves as director and treasurer of the
Berkshire Taconic Community Foundation; as director and treasurer
of the Litchfield Historical Society; and as director of the
Connecticut Junior Republic. He previously served on the board
and executive committee of the Newport Music Festival; as
chairman of the board of the Chamber of Commerce of Northwest
Connecticut; and as president of the United Way of Northwest
Connecticut.
The Federal Home Loan Bank of Boston is a cooperatively owned
wholesale bank for housing finance in the six New England
states. Its mission is to support the residential-mortgage
and community-development lending activities of its members,
which include over 460 financial institutions across New England.
To accomplish its mission, the Bank utilizes private-sector
capital to provide members and other qualified customers with
reliable access to low-cost wholesale funds, liquidity, a
competitive outlet for the sale of loans, special lending
programs, technical assistance, and other products and services.
For more information, see the Bank's backgrounder.
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