Federal Home Loan Bank of Topeka Elects Member Director (Nebraska)

What Happened
The Federal Home Loan Bank of Topeka filed an 8-K on September 25, 2026, announcing that Barry J. Lockard, President and CEO of Cornhusker Bank (Lincoln, NE), was deemed elected as a member director representing Nebraska. His four-year term runs from January 1, 2027, through December 31, 2030. He was deemed elected without a contested vote because he was the only nominee who accepted the nomination for the Nebraska member directorship up for election in 2026, in accordance with the Bank Act and FHFA regulations.

Key Details

• Deemed elected director: Barry J. Lockard (President & CEO, Cornhusker Bank, Lincoln, NE).
• Term: January 1, 2027 – December 31, 2030.
• Uncontested election: only one nominee accepted the nomination for the Nebraska member seat in 2026.
• Committee assignments for 2027 not yet determined; director compensation will follow the 2027 Board Compensation Policy after Board approval and FHFA non‑objection.
• Filing notes FHLBank’s routine practice that loans to member institutions (including those whose officers/directors may serve as member directors) are made on market terms comparable to loans to other members.

Why It Matters
This is a governance update: a member representative for Nebraska has been added to FHLBank’s board for a standard four-year term. For investors and members, the filing confirms the election was uncontested and that usual conflict-of-interest safeguards (market‑term lending) and regulatory approvals for director compensation remain in place. There are no financial results or operational changes reported in this filing.