January 1, 2025
Board of Directors
The FHLBank Boston 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 directors (a majority), who are nominated and elected by members in each state, and independent directors (at least 40%), who are nominated by the board of directors and elected “at large” by all of our members voting together. Board members are elected to four-year terms.
Board Composition
There are currently eight member directors (three from Massachusetts, and one from each of the other five New England states) and seven independent directors. We seek to promote diversity in the composition of the board of directors and encourage member director nominations of, and independent director applications from, eligible candidates who will expand the board’s demographic diversity (gender, racial/ethnic, disability).
Board of Directors
The following individuals serve on the board of directors of FHLBank Boston:
Eric Chatman (Chair)
Executive Vice President and Chief Financial Officer
Housing Partnership Network
Boston, Massachusetts
John C. Witherspoon (Vice Chair)
Director
Skowhegan Savings Bank
Skowhegan, Maine
Duncan Barnard
Chief Internal Auditor
CLS Bank
New York, New York
Donna L. Boulanger
Director
North Brookfield Savings Bank
North Brookfield, Massachusetts
Michael A. Brown
President/Founder
Spinnaker Security LLC
Seabrook, New Hampshire
Caroline R. Carpenter
President and Chief Executive Officer
National Bank of Middlebury
Middlebury, Vermont
Thomas J. Curry
Retired Law Partner and Bank Regulator
Boston, Massachusetts
Antoinette C. Lazarus
Regulator, Compliance and Risk Executive
Hartford, Connecticut
Edward F. Manzi, Jr.
Chairman and Chief Executive Officer
Fidelity Cooperative Bank
Leominster, Massachusetts
Kevin D. Miller
Chief Operating Officer and Chief Financial Officer
Profile Bank
Rochester, New Hampshire
William M. Parent
Chief Strategy Officer
Easthampton Savings Bank
Quincy, Massachusetts
David Rotatori
President and Chief Executive Officer
Ion Bank
Naugatuck, Connecticut
E. Macey Russell
Retired Law Partner
Newton, Massachusetts
Robert Tourigny
Executive Director
NeighborWorks Southern New Hampshire
Manchester, New Hampshire
Gregg C. Tumeinski
Executive Vice President, Chief Financial Officer
Beacon Mutual Insurance Company
Warwick, Rhode Island
Annual Report
Our Annual Report showcases our strong financial performance and focuses on how our members relied on us to provide reliable liquidity and funding to support affordable housing and community investment particularly during severe market disruptions throughout 2023.
Advisory Council Report
Explore how our members tapped our affordable housing, down-payment assistance, and job-creation programs to enhance the communities they serve.
Results
Our digital magazine features current trends in financial services, legislation, housing and community development, and the products and services we offer.