SAN ANTONIO, May 30, 2014 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to welcome to its Board of Directors, James D. "Jim" Goudge, chairman and chief executive officer of Broadway Bank in San Antonio, Texas.
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Mr. Goudge's term on the FHLB Dallas Board of Directors (Board) began on April 24, 2014, and he will serve as a member director representing the state of Texas until December 31, 2017. He was elected by the Board to fill a vacant directorship, and was appointed to serve as vice chairman of the Board's Government Relations Committee and as a member of its Risk Management Committee.
"In addition to utilizing the unique banking services of FHLB Dallas, Broadway Bank has partnered with them on several worthy community projects, so I consider it an honor and a privilege to serve on the Board," said Mr. Goudge. "They have a tremendous reputation of working with community banks for the betterment and growth of our neighborhoods."
FHLB Dallas is a cooperatively owned wholesale bank that provides competitively priced funds to its member institutions in Arkansas, Louisiana, Mississippi, New Mexico, and Texas.
"Jim brings an impressive array of skills to our Board," said Sanjay Bhasin, president and chief executive officer of FHLB Dallas. "During his long tenure as a financial services executive, Jim has seen the industry grow and change considerably during difficult economic times. I believe he will bring innovative ideas to our Board, and will support the business of our member institutions and enhance their impact on the communities that they serve."
Banking has been a decades-long choice for Mr. Goudge. He joined Broadway Bank in 1989 as executive vice president in charge of its Lending Division. He was promoted to chairman and chief executive officer in 2001 from the role of president and chief executive officer, to which position he was named in 1998.
Prior to that, Mr. Goudge worked for Kelly Field National Bank as executive vice president – senior lender, and for Allied American Bank, where he served as executive vice president – commercial lender. His entrance into banking was with National Bank of Commerce in 1976, where he trained for management and then worked his way up to assistant vice president and then senior vice president.
In addition to his service with Broadway Bank, Mr. Goudge is involved in many civic-minded organizations in his community. He is a past chairman of the Texas Bankers Association and he previously served as a member of the Community Depository Institutions Advisory Council for the Federal Reserve Bank of Dallas. He also serves on the Board of Directors of the United Way and is co-chair of its Leadership Giving Campaign. Further, he serves on the Board of Trustees for Southwest Research Institute.
In the past, Mr. Goudge has been involved in a wide variety of organizations including the Greater San Antonio Chamber of Commerce, the Alamo Public Telecommunications Council, the Federal Advisory Council of the Federal Reserve Board, Alamo Heights School Foundation, Northeast YMCA Board of Directors, Big Brothers Big Sisters Board of Directors, Robert Morris Associates Board of Directors, and the San Antonio Economic Development Foundation Executive Committee.
Mr. Goudge is a graduate of the University of Texas at Austin and the Southwestern Graduate School of Banking. He is married, and has four children and two grandchildren.
About the Federal Home Loan Bank of Dallas
The Federal Home Loan Bank of Dallas is one of 12 district banks in the FHLBank System created by Congress in 1932. FHLB Dallas, with total assets of $30.6 billion as of March 31, 2014, is a member-owned cooperative that supports housing and community development by providing competitively priced advances and other credit products to approximately 900 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico, and Texas. For more information, visit the FHLB Dallas website at fhlb.com.
About Broadway Bank
Headquartered in San Antonio, Broadway Bank was founded in 1941. It has evolved from a small neighborhood bank into one of the largest independently owned banks in Texas. Today, Broadway Bank continues to function as a family-owned and operated financial institution. Broadway Bank offers a full range of sophisticated financial services, including personal banking, private banking, military banking, business banking and wealth management. With more than $2.9 billion in total assets, the highly rated Bank operates 38 locations in San Antonio, Austin and the surrounding areas. Visit the Broadway Bank website at broadwaybank.com for more information.
The photo is also available via AP PhotoExpress.
CONTACT: Corporate Communications Federal Home Loan Bank of Dallas www.fhlb.com (214) 441-8445
Source:Federal Home Loan Bank of Dallas