Joining the FHLBank Boston Board of Directors

Below are key dates for the member director election process:

• Nomination period commences: July 14, 2025
• Nominations due to Bank (by 5:00 p.m.): August 15, 2025
• Ballots (electronic link) e-mailed to members by Bank’s vendor, SBS: October 14, 2025
• Ballots must be cast online with SBS by 5:00 p.m.: November 25, 2025

See the board position description.

Member Director Candidates:

Nomination

Member director candidates are nominated and elected by FHLBank Boston members on a state-by-state basis, typically to four-year terms, with a limit of three consecutive full terms.

This year (2025), member director elections will be held in Connecticut (one position) and Massachusetts (two positions). The nomination period will commence on July 14, 2025, and end at 5:00 p.m. (ET) on August 15, 2025 (“deadline”). Members in Connecticut wishing to nominate a candidate must complete and submit a Certificate of Nomination for Connecticut so that it is received by the Bank before the deadline. Members in Massachusetts wishing to nominate a candidate must complete and submit a Certificate of Nomination for Massachusetts so that it is received by the Bank before the deadline. See submission instructions below. Certificates of Nomination must be duly adopted by the nominating member’s governing body or by an individual authorized by the member’s governing body to act on its behalf. Information about member director nominations, including forms of Certificates of Nomination and submission instructions, will also be emailed to member CEOs (or other member contacts) in Connecticut and Massachusetts on July 14, 2025.

Eligibility

To be eligible for nomination for a member directorship, a nominee must be a United States citizen, and an officer or director of a member located in the relevant state that meets all applicable capital requirements established by such member’s regulator.

After being nominated by a member, each nominated individual who wishes to accept a nomination will be required to complete and send to the Bank’s Corporate Secretary (to the address or email listed in the “Submission Instructions” section below) a Member Director Eligibility Certification Form and a PricewaterhouseCoopers Certification Form. These forms are linked here for nominees who wish to submit them early, and they will also be emailed to nominees after the nomination period closes, with a return deadline of at least 30 days from the date they are sent. In addition, FHLBank Boston will send to each nominee information about the Bank and its board, as well as a list of all individuals who have been nominated to run for election in the nominee’s state. If a nominee chooses to decline the nomination, or does not timely return the Eligibility Certification Form, his or her name will not appear on the ballot for election.

Upon request by an eligible nominee who has submitted the required certification forms, the Bank will promptly make available to the nominee a list of members within the nominee’s state, with contact information, for the purpose of enabling the nominee to reach out to members about his or her candidacy.

Independent Director Candidates:

Process

Independent director candidates are nominated by the Board of Directors for election “at large” by all FHLBank Boston members, typically to four-year terms, with a limit of three consecutive full terms. This year (2025), the Bank will not hold an election for an independent directorship.

Submission Instructions:

Mail or Email

Members who wish to nominate a candidate for a member directorship should submit the applicable forms (see above) as follows so that they are received by FHLBank Boston no later than 5:00 p.m. on August 15, 2025:

By U.S. mail or courier to the following address:

Federal Home Loan Bank of Boston
Attention: General Counsel and Corporate Secretary
800 Boylston Street, 6th floor
Boston, Massachusetts 02199

By email to the following address: keith.walsh@fhlbboston.com