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  • Comment Detail

  • Date: 11/02/22
    First Name: Rob
    Last Name: Cochran
    Email: rcochran@georgiabanking.com
    Organization Type: N/A
    Organization: Georgia Banking Company

  • Comment

    On behalf of a Georgia community bank who is a member of the Federal Home Loan Bank of Atlanta, I write in response to the FHFA’s current efforts to ensure that FHLBs remain a reliable funding source for banks as well as other offerings to commercial banks throughout our state.
    From the perspective of a community bank CFO, the Federal Home Loan Bank of Atlanta has provided our institution with critical liquidity and I would like to encourage the FHFA to keep in mind several key points as you are in this review process:
    I. The regional nature of the FHLBanks be maintained to continue to effectively serve its members.
    II. Current members continue to have access to the FHLBanks.
    III. Any changes to membership or structure enhance the value and importance of the FHLBanks to the
    members and communities they serve.
    I appreciate the opportunity to share these comments with you and trust that you will find them helpful. Thank you very much.
    Sincerely
    Rob Cochran
    CFO Georgia Banking Company