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Seattle FHLBank's CEO To Step Down in March.(Seattle Federal Home Loan Bank)(Norman Rice retiring as president)
Washington -- Norman Rice is retiring as president and chief executive of the Seattle Federal Home Loan Bank and he plans to step down on March 15.
The Seattle bank, which is operating under a supervisory agreement, announced Mr. Rice's departure last month - a few days after it disclosed that earnings remain under "pressure" and it skipped paying a fourth-quarter dividend. Until an interim CEO is named, executive vice president David Bley will lead the bank's management team.
"On behalf of the board, I want to personally thank Norm for his hard work and dedication to the more than 370 financial institutions that belong to this cooperative," vice-chairman Mike Daly said. "Norm was unwavering in his commitment to building stronger local communities and economies."
Mr. Rice did not attend a recent winter meeting of the Council of Federal Home Loan Banks in Fort Lauderdale, Fla. But council president John von Seggern said he will be missed. "He was a great advocate for affordable housing," Mr. von Seggern said.
Mr. Rice served as the FHLBanks' point man on GSE regulatory reform last year. He testified ...
- Norman Rice announces formation of Congressional Campaign Committee. (Seattle)
- Press release article from: PR Newswire November 23, 1987 700+ words
NORMAN RICE ANNOUNCES FORMATION OF CONGRESSIONAL CAMPAIGN COMMITTEE SEATTLE, Nov. 20 /PRNewswire/ -- Seattle City Councilmember Norman Rice today announced the formation of a Congressional Campaign Committee for the 7th District Congress...
- Seattle mayor Norman Rice. (Interview)
- Magazine article from: Europe Schaefer, David February 1, 1994 700+ words
Last year, Norman Rice was re-elected to a second term as Mayor of Seattle with 67 percent...meeting. Following are excerpts from an interview Seattle Mayor Norman Rice conducted with EUROPE: One of your city's brochures says, "By...
- Seattle Mayor Norman Rice lashes out against rumors of homosexual affair....
- Magazine article from: Jet June 3, 1996 700+ words
Seattle Mayor Norman Rice, who is seeking to become the state of Washington's first Black governor, recently held a press conference to denounce rumors...
- Local Heroes: No 25: Norman Rice; City's first black mayor cleans up white city
- Newspaper article from: The Independent - London John Carlin July 15, 1996 700+ words
...thesis that there is more to admire than to despise in America's handling of the race question, then look no further than Norman Rice, one of half a dozen Americans singled out as "heroes" by President Clinton in his last State of the Union address. Elected...
- Norman Rice Jr. of S. Attleboro, sales associate.(Obituaries)(Obituary)
- Newspaper article from: The Boston Herald October 14, 2004 700+ words
Norman Michael Rice Jr. of South Attleboro, a former industrial engineer, died Monday at the Sturdy Memorial Hospital in Attleboro after a brief illness. He was 62. Born, raised and educated in Attleboro, Mr. Rice graduated from Attleboro High School in 1959 and remained a lifelong resident of the
- Norman Rice, 79, Foxboro resident, veteran of WWII.(Obituaries)(Obituary)
- Newspaper article from: The Boston Herald March 29, 2004 700+ words
Norman Delos Rice of Foxboro, a project manager, died Thursday at Brigham and Women's Hospital in Boston. He was 79. Born in Selma, Ala., Mr. Rice was raised in New Orleans, La. During World War II, he served in the Army Corps of Engineers in the Pacific Islands. After the war, Mr. Rice earned a
- Seattle Bank Board Completes Review of Member Stock Redemptions.
- Press release article from: Business Wire May 12, 2005 700+ words
...the Federal Home Loan Bank of Seattle (Seattle Bank) completed its review of stock repurchases made by the Seattle Bank in October 2004 pursuant to excess stock redemption requests from three Seattle Bank member institutions with executives who...
- Seattle Bank Delivers Three-Year Plan to Regulator; Bank Provides Unaudited...
- Press release article from: Business Wire April 6, 2005 700+ words
...Federal Home Loan Bank of Seattle (Seattle Bank) delivered today a proposed three...requirement of the written agreement the Seattle Bank signed with its regulator in December 2004. The Seattle Bank also provided today unaudited financial...
Source: HighBeam Research, Seattle FHLBank's CEO To Step Down in March.(Seattle Federal Home...