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Seattle Bank appoints new board of directors

The Federal Home Loan Bank of Seattle, also known as Seattle Bank, has announced that its regulator, the Federal Housing Finance Board, has re-appointed Daniel Fauske of Anchorage, Alaska, and Jack Riggs of Coeur d'Alene, Idaho, to serve on the Seattle Bank's board of directors.

Mr Fauske is CEO and executive director of Alaska Housing Finance Corporation (AHFC), a publicly owned corporation administering state housing programs. He serves on the National Housing Development Corporation board of directors and the UAA School of Nursing Advisory board.

Dr Riggs is a partner in North Idaho Medical Care Centers, an urgent-care medical practice serving northern Idaho. Since 2005, he has been the CEO of Pita Pit USA.

Both Mr Fauske and Dr Riggs have been appointed for a three-year term commencing January 1, 2008, and ending December 31, 2010.