Boulder, CO (January 5, 2026) |
Elevations Credit Union announces Chief Financial Officer Michael Calcote has been elected to serve on Board of Directors for the Federal Home Loan Bank of Topeka, currently effective as of Jan. 1, 2026. Calcote will become the first credit union representative to serve on the board, underscoring Elevations’ commitment to supporting the housing market.
“This is such an honor to join the Board and help support their mission of building strong communities,” Calcote said. “I’m grateful for the opportunity to contribute to such an impactful organization.”
Calcote also serves as chief risk officer at Elevations, overseeing accounting and finance, secondary markets, internal audit, payments and controls, credit risk management, strategy and performance, and corporate real estate. His leadership helps to ensure Elevations’ long-term financial sustainability and strategic growth.
Previously, Calcote served as CFO and treasurer for Guaranty Bank in Austin, Texas and worked as a regulatory examiner and capital markets specialist for the U.S. Office of Thrift Supervision.
FHLBank Topeka also announced board appointments of Jeffrey R. Noordhoek, CEO of Nelnet, Inc., and Paul Washington, a Boulder-based investor. Both have previously served on the board.
