Federal Home Loan Bank of Atlanta Announces Florida Member
ATLANTA, March 14, 2022 (GLOBE NEWSWIRE) — Federal Home Loan Bank of Atlanta (FHLBank Atlanta) is pleased to announce that the Board of Directors has elected Eduardo “Eddy” Arriola to fill the position of Director of Florida on the board, effective March 3, 2022. Term will expire December 31, 2022.
Mr. Arriola is the Founder, Chairman and Chief Executive Officer of Apollo Bank, a Miami community bank focused on entrepreneurs, small businesses, family businesses and professionals. He is also completing his second term as a board member of the Miami Branch of the Federal Reserve Bank of Atlanta and has served as a board member of the Florida Bankers Association and BankServ. Mr. Arriola was an investor and member of the board of directors of Total Bank from 2002 to 2007, and before founding Apollo Bank in 2010, he was involved in several entrepreneurial ventures in the technology and business services sectors. He is the co-founder of Inktel, a 3,000-employee call center company based in Miami, was director of creative services for Avanti Case-Hoyt, a national graphic arts and printing company, and was a member of the board of directors of gMed, a leading company in the field of medical office automation.
Mr. Arriola has been a leader in international politics and trade. He is Chairman of the Board of Directors of the Inter-American Foundation (IAF), an independent US government agency created to support local development in Latin America and the Caribbean. He was appointed to the IAF Board of Directors by the President and confirmed by the US Senate in 2012 and has continued in that role ever since.
Mr. Arriola has supported many local community programs and has served on the board of several organizations. He earned his Bachelor of Arts in History from Boston College and is a graduate of the Owner/President Management Program at Harvard Business School. He has also been a member of the Young President’s Organization for nearly 20 years.
“We are delighted that Mr. Arriola represents the interests of our Florida members,” said Rick Whaley, Chairman of the Board of FHLBank Atlanta. “His years of business and financial services experience, as well as his involvement with the Inter-American Foundation, will bring a fresh perspective and valuable insight to the FHLBank Atlanta Board of Directors. We look forward to working with him,” Whaley said.
About Federal Home Loan Bank of Atlanta
FHLBank Atlanta offers competitively priced financing, community development grants, and other banking services to help member financial institutions make affordable home loans and provide economic development credit to neighborhoods and communities. The Bank’s members – its shareholders and customers – are commercial banks, credit unions, thrift institutions, community development financial institutions, and insurance companies located in Alabama, Florida, Georgia, in Maryland, North Carolina, South Carolina, Virginia and the District of Columbia. FHLBank Atlanta is one of 11 district banks in the Federal Home Loan Bank System. Since 1990, the FHLBanks have provided approximately $7 billion in Affordable Housing Program funds, helping more than 990,000 households.
For more information visit our website at www.fhlbatl.com.
Peter E. Garuccio
Federal Home Loan Bank of Atlanta