Exhibit 99.1
October 20, 2022
Re: 2022 Indiana Member Director and Michigan Member Director Election Results
Dear Member:
The Federal Home Loan Bank of Indianapolis (“FHLBank Indianapolis”) is pleased to announce the results of the 2022 Board of Directors election.
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Indiana – Elected Member Director – One Director
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In the 2022 Indiana member directorship election, the Indiana members elected one new director. The director shall serve a four-year term beginning on January 1, 2023 and ending on December 31, 2026.
Number of Indiana members eligible to vote | 151 | ||||
Number of Indiana members casting votes | 96 | ||||
Total eligible votes for each directorship | 2,604,599 |
Member Director Elect | City, State | Votes Received | ||||||
Jamie Shinabarger President/CEO Springs Valley Bank & Trust Company (FHFA ID 13738) | Jasper, Indiana | 742,570 | ||||||
Ryan Warner* Chairman of the Board The Bippus State Bank (FHFA ID 12387) | Huntington, Indiana | 925,360 |
*Elected
October 20, 2022
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Michigan – Elected Member Director – One Director
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In the 2022 Michigan member directorship election, the Michigan members re-elected one incumbent director. The director shall serve a four-year term beginning on January 1, 2023 and ending on December 31, 2026.
Number of Michigan members eligible to vote | 197 | ||||
Number of Michigan members casting votes | 117 | ||||
Total eligible votes for each directorship | 2,054,919 |
Member Director Elect | City, State | Votes Received | ||||||
Robert Fisher* President Lake-Osceola State Bank (FHFA ID 11663) | Baldwin, Michigan | 663,461 | ||||||
Kenneth Kelly Chairman and CEO First Independence Bank (FHFA ID 16107) | Detroit, Michigan | 117,638 | ||||||
Tom Kuslikis Vice President - Accounting and Finance University of Michigan Credit Union (FHFA ID 53044) | Ann Arbor, Michigan | 569,606 |
*Elected
Thank you for participating in this year's election process. Your contribution ensures sound representation on our Board of Directors for the mutual benefit of the FHLBank Indianapolis and all of the members it serves.
Sincerely,
/s/ Lyndsay H. Miller
Lyndsay H. Miller
Assistant General Counsel and Corporate Secretary