Federal Home Loan Bank of Chicago Director Declines Re‑Election

What Happened
The Federal Home Loan Bank of Chicago filed an 8-K (Item 5.02) reporting that director Ty R. Taylor notified the Bank on July 20, 2026 that he will decline to stand for re‑election in the Bank’s 2026 election of directors. Mr. Taylor will continue to serve through the remainder of his current term, which expires on December 31, 2026. He told the Bank his decision is not due to any disagreement with the Bank.

Key Details

• Notification date: July 20, 2026; 8-K filed July 24, 2026.
• Director: Ty R. Taylor will not stand for re‑election in the 2026 director election.
• Term: Mr. Taylor will remain in office until his term ends on December 31, 2026.
• The Bank reports Mr. Taylor’s decision is not the result of any disagreement with the Bank; election rules are described in the Bank’s 2025 Form 10‑K (Part III, Item 10).

Why It Matters
This is a governance update that signals a forthcoming change in board composition after the 2026 director election. There is no immediate vacancy and the Bank states the departure decision is not dispute‑related, suggesting an orderly transition. Investors should note the timing (no change until year‑end) and watch the Bank’s 2026 director election disclosures for any nominees or shifts in board control.