HUNTSVILLE, Texas, Feb. 10, 2014 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to welcome Sally Ingalls Nelson to its Board of Directors (FHLB Dallas Board). Ms. Nelson's term on the FHLB Dallas Board began on January 1, 2014. She will serve a four-year term that will expire on December 31, 2017.
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Ms. Nelson currently serves as chairman of the HMH Foundation at Huntsville Memorial Hospital in Huntsville, Texas, where she has made raising funds for a cardiac and vascular department to treat heart and vascular disease a priority. She previously served as chief executive officer of the hospital for six years prior to her retirement in 2013. Ms. Nelson has an extensive work history that includes an 18-year stint with Texas Children's Hospital, where she held positions as executive vice president, chief financial officer, and chief operations officer.
"We look forward to Ms. Nelson's service and contributions to the Board of Directors. She has a stellar track record that includes three decades of leadership experience and serving her community," said FHLB Dallas Interim President and CEO Paul Joiner.
Ms. Nelson said she is thrilled to start her term on the FHLB Dallas Board.
"I am honored to be selected to serve on such an impressive board," said Ms. Nelson. "The work of this board is essential to keeping our community banks in a position to support not only economic growth in the surrounding communities, but also to continue playing the vital role of the 'neighborhood' bank where you can go in, sit down, and talk directly to your banker."
Ms. Nelson is a former board member and officer of the Greater Houston United Way and the Greater Houston Area Chapter of the American Red Cross. She won the Houston Women's CIO (Chief Information Officer) award in 2002; was a nominee for the Huntsville, Texas, Citizen of the Year award in 2010 and 2012; and was named one of the Top 100 Most Influential Women in Healthcare by Modern Healthcare Magazine.
Ms. Nelson, who earned her B.S. in accounting from Louisiana State University, is a member of the American Institute of Certified Public Accountants, and both the national and Southeast Texas chapters of the Texas Society of Certified Public Accountants. She conducts numerous speaking engagements on leadership, nonprofit financial management, crisis planning, and Sarbanes-Oxley, and has served on panels with Former U.S. Senator Kay Bailey Hutchison.
Ms. Nelson and her husband, Ivo, reside in Houston and have three children.
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 $31.3 billion as of September 30, 2013, 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.
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