Stephen Panepinto, Chairman, President and CEO of Plaquemine Financial institution and Belief Firm, was not too long ago elected to the Federal House Mortgage Financial institution of Dallas (FHLB Dallas) Board of Administrators. He’ll serve a four-year time period representing Louisiana Monetary Establishments, Neighborhood Growth Organizations and Insurance coverage Firms that are members of the FHLB Dallas.
The Federal House Mortgage Financial institution System has eleven Banks all through the UnitedStates. The FHLB Dallas district serves New Mexico, Texas, Louisiana, Arkansas and Mississippi members. The Federal House Mortgage Financial institution System was created by Congress and signed into regulation in 1932, to supply reasonably priced and versatile sources of funding forsome 7,000 monetary establishments. The FHLB Dallas is certainly one of these eleven Banks.
“I’m honored to serve on this capability and look ahead in aiding fellow members with services provided by the Federal House Mortgage Financial institution System,” mentioned Panepinto.
Plaquemine Financial institution and Belief Firm is a regionally owned and operated full-service monetary establishment established in 1968. Extra data is offered at www.plaqbank.com