FHLBank Boston is pleased to welcome new members of the board of directors and the Advisory Council in 2024.

More About the Board of Directors and Advisory Council:

FHLBank Boston conducted an election to fill one member directorship in Maine, one member directorship in Massachusetts, and two independent directorships, each with a four-year term commencing on January 1, 2024.

• Michael A. Brown, a retired rear admiral with the U.S. Navy and founder of Spinnaker Security in Seabrook, New Hampshire, was elected as an independent director.
• Eric Chatman, executive vice president and chief financial officer at Housing Partnership Network in Boston, Massachusetts, was reelected as a public interest independent director. Chatman was also named chairman of the board for 2024.
• Edward F. Manzi, Jr., chairman and chief executive officer at Fidelity Cooperative Bank in Leominster, Massachusetts, was reelected as a member director representing Massachusetts.
• John C. Witherspoon, director at Skowhegan Savings Bank in Showhegan, Maine, was reelected as a member director representing Maine. Witherspoon serves as vice chairman of the board in 2024.

FHLBank Boston’s board of directors is comprised of professionals with experience in financial services, housing and community development, and real estate within the six New England states. The board includes member and independent directors who are elected by members to serve four-year terms. The entire board list is available here.

The following individuals were appointed to the Advisory Council:

• Kristen Harol, president of The Life Initiative in Boston, Massachusetts
• Joshua R. Meehan, executive director of Keene Housing in Keene, New Hampshire
• Cathy Mercado, executive director of Merrimack Valley Housing Partnership in Lowell, Massachusetts

The Advisory Council consists of professionals from community nonprofit and for-profit organizations actively involved in providing or promoting low- and moderate-income housing and community lending in New England. The Council includes two representatives from each of the six New England states along with at least two rotating seats that are filled from among the six executive directors (or their designees) of the six state housing finance agencies or the six state departments of housing and/or community development.

Council members advise on the administration of FHLBank Boston’s housing and community development programs. The complete list of Advisory Council members is available here.