BB&T's Donna Goodrich handles everything from managing deposit services to providing market risk oversight for the Southeastern banking powerhouse.
Now, Goodrich is taking a turn as chairman of the Federal Home Loan Bank of Atlanta, where she'll try to view things from the point of view of small banks, as well as big ones like BB&T (BBT) in Winston-Salem, N.C., where she is a senior executive vice president. A director's fiduciary responsibility is to advocate for any and all Federal Home Loan Bank members in a given region, regardless of their asset size.
"Obviously I represent all the members for the entire state of North Carolina," Goodrich says. "It's not with any one hat on."
Goodrich became chairman of the $112 billion-asset Federal Home Loan Bank of Atlanta on Jan. 1 and will serve a two-year term. She succeeds Scott Harvard, who is also president and chief executive of First National Corp. of Strasburg, Va. Goodrich has been a Federal Home Loan Bank of Atlanta director since 2008.
The job involves a decent amount of travel, as the board meets eight to nine times a year, typically in Atlanta. The board also meets in Washington, usually for meetings with the Council of Federal Home Loan Banks.
As lawmakers
"The Federal Home Loan Bank System could be part of the whole housing solution, quite honestly," she says. "We're waiting to see what comes out of GSE reform. The [FHLB] system certainly can be part of the solution."
