Fifty-three directors of Federal Home Loan Banks will be chosen by member institutions in elections this fall.

Nomination forms mailed to bank and thrift members in 31 states were to be returned to the Federal Housing Finance Board by July 17.

The finance board, which oversees the Federal Home Loan Bank System and selects the majority of directors, will mail out ballots in mid-September. They are to be returned by Oct. 25. For more information about the election, call Patricia Sweeney at 202-408-2872.

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