FHLBank Chicago Announces Departure of Board Director David R. Pirsein

  • June 16, 2022
David R. Pirsein will retire as a member of the Board of Directors of FHLBank Chicago in connection with his retirement as President of First National Bank in Pinckneyville, effective June 30, 2022. 

Mr. Pirsein joined the FHLBank Board of Directors in 2015 and has most recently served on the following Board committees: Executive & Governance (Alternate), Operations & Technology (Chairperson) and Public Policy (Vice Chairperson). He has been an active community banker for over 43 years and has provided leadership and guidance to array of organizations throughout his career from the Community Bankers Association of Illinois, to the Illinois Real Estate Title Company, LLC and the St. Louis Federal Reserve Board. 

“Dave has been an invaluable member of the Public Policy Committee since 2015, including serving as our Vice Chair. His perspective as a community banker from Pinckneyville allows him to be an outstanding representative for bankers throughout Illinois,” said Dave Feldhaus, SVP, External Affairs, FHLBank Chicago. “His calm, pragmatic and unfailingly polite approach to public policy issues has been much appreciated. He will be a hard act to follow.”

“Dave has a selfless commitment to all community banks, the staff at FHLBank Chicago, and his fellow Board members. In his role as Chair of the Operations & Technology Committee, his knowledge regarding the needs of community banks is unmatched in helping us to better serve our members. His unwavering support for me and all of our employees will be sorely missed,” added Sam Nicita, EVP, CIO and Group Head, Information Technology.

FHLBank Chicago is grateful for Mr. Pirsein’s numerous contributions throughout his seven years of service to the Board of Directors. We wish Dave a long, happy and fulfilling retirement. 

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