Noted commonwealth banking authority Donald J. Mullineaux is the new chairman of the board at the Federal Home Loan Bank of Cincinnati.
Through its Housing and Community Investment department services, FHLBank supports member institutions and community lenders’ affordable housing and economic development initiatives in the Fifth District of Kentucky, Ohio and Tennessee. Services include special funding programs and technical assistance targeted to help meet low-income residents’ needs, and strengthen local business environments and communities.
Emeritus duPont Endowed Chair in Banking and Financial Services, Mullineaux retired in 2014 from the University of Kentucky’s Gatton College of Business and Economics after 30 years on the faculty. He has been a FHLBank board member since 2010. His two-year term as board chair began Jan. 1.
“I am honored that my colleagues on the board saw fit to select me for this important position,” Mullineaux said. “This institution provides financial services to member institutions in support of housing and economic development in Kentucky, Ohio and Tennessee.”
Holding an economics Ph.D. from Boston College, Mullineaux is a former senior vice president and director of research at the Federal Reserve Bank of Philadelphia, and has been curriculum director of the American Bankers Association’s Stonier Graduate School of Banking since 2002.
Mullineaux received numerous awards and honors for his teaching and research during his three decades as UK. He is regularly sought out by members of the news media, including The Lane Report, for his expertise on banking and finance issues.
“The FHLBank of Cincinnati is indeed fortunate to have a person of Don Mullineaux’s knowledge and experience to serve as its chair of the board,” said David W. Blackwell, dean of the Gatton College.