CHICAGO, Jan. 23, 2014 /PRNewswire/ -- Suzi Thackston, Vice President, Community Investment Group of the Federal Home Loan Bank of Chicago (Bank), was recently named Community Investment Officer. "I am excited to assume the role of Community Investment Officer," said Ms. Thackston. "Having been a member of the Community Investment Group for a number of years, I look forward to leading a team of dedicated community development professionals as we work together to provide safe affordable housing for individuals and families as well as economic growth opportunities for businesses and their communities."
"Suzi will do an outstanding job ensuring the Community Investment Group continues to advance the affordable housing, economic development, and community lending goals of our membership and our partners," said Matt Feldman, President and CEO, Federal Home Loan Bank of Chicago.
Ms. Thackston joined the Community Investment Group in 2008 and has managed the policy and outreach team, which focuses on strategic planning, policy development, and management of the Bank's affordable housing programs. Prior to her work in community investment at the Bank, Ms. Thackston served as program manager for the Bank's letters of credit business and also spent two years in the law department focusing on the Bank's SEC registration and other compliance matters.
Ms. Thackston received a Bachelors of Science degree in Political Science and History from Virginia Tech and holds a Masters of Urban Planning and Policy from the University of Illinois-Chicago. The previous Community Investment Officer, Sam Nicita, will manage the Bank's Member Products Support Group while continuing to oversee the Community Investment Group.
About the Federal Home Loan Bank of Chicago
The Federal Home Loan Bank of Chicago is a $61.1 billion wholesale bank serving the needs of member housing finance institutions located in Illinois and Wisconsin. Our mission is to partner with our member shareholders to provide them competitively priced funding, a reasonable return on their investment, and support for community investment activities.
The U.S. Congress created the Federal Home Loan Bank System, which includes 12 Federal Home Loan Banks, in 1932 to promote housing finance, but each Bank is wholly owned by its member institutions.
SOURCE Federal Home Loan Bank of Chicago