[United States Government Manual] [June 01, 2005] [Pages 389-390] [From the U.S. Government Publishing Office, www.gpo.gov]EXPORT-IMPORT BANK OF THE UNITED STATES 811 Vermont Avenue NW., Washington, DC 20571 Phone, 800-565-EXIM. Internet, www.exim.gov. President and Chairman Philip Merrill Vice Chairman April Foley Directors Max Cleland, Linda Conlin, Joseph Grandmaison Executive Vice President James Lambright Senior Vice President and Chief Financial James K. Hess Officer Director, Administrative Services Jonathan T. McMullen Director, Equal Opportunity and Sherry Beyers, Acting Diversity Programs and Training Director, Human Resources Elliott Davis Director, Trade Finance Deborah Thompson Vice President, Trade Finance and Insurance Richard Maxwell General Counsel Peter B. Saba Senior Vice President, Resource Management Michael Cushing Deputy Head, Export Finance John Emens Senior Vice President, Export Finance Jeffrey L. Miller Vice President, Operations Ray Ellis Vice President, Asset Management Alice Miller Senior Vice President, Communications Brett M. Decker Senior Vice President, Congressional Affairs Thomas Montgomery Vice President, Country Risk and Economics William Marstellar Vice President, Engineering and Environment James A. Mahoney, Jr. Chief Information Officer Fernanda Young Vice President, Planning and International Piper Starr Relations Senior Vice President, Policy James Cruse Vice President, Structured Finance Barbara O'Boyle Vice President, Transportation Robert Morin Vice President, Credit Underwriting Kenneth M. Tinsley Vice President, Small and Medium Enterprises Sam Z. Zytcer ------------------------------------------------------------------------ The Export-Import Bank of the United States helps the private sector to create and maintain U.S. jobs by financing exports of the Nation's goods and services. To accomplish this mission, the Bank offers a variety of loan, guarantee, and insurance programs to support transactions that would not be awarded to U.S. companies without the Bank's assistance. [[Page 390]] The Export-Import Bank of the United States (Ex-Im Bank), established in 1934, operates as an independent agency of the U.S. Government under the authority of the Export-Import Bank Act of 1945, as amended (12 U.S.C. 635 et seq.). Its Board of Directors consists of a President and Chairman, a First Vice President and Vice Chairman, and three other Directors, all of whom are appointed by the President with the advice and consent of the Senate. Ex-Im Bank's mission is to help American exporters meet government- supported financing competition from other countries, so that U.S. exports can compete for overseas business on the basis of price, performance, and service. The Bank also fills gaps in the availability of commercial financing for creditworthy export transactions. Ex-Im Bank is required to find a reasonable assurance of repayment for each transaction it supports. Its legislation requires it to meet the financing terms of competitor export credit agencies, but not to compete with commercial lenders. Legislation restricts the Bank's operation in some countries and its support for military goods and services. Activities Ex-Im Bank is authorized to have outstanding at any one time loans, guarantees, and insurance in aggregate amount not in excess of $75 billion. It supports U.S. exporters through a range of diverse programs, which are offered under four broad categories of export financing, including the following: --working capital guarantees, provided to lenders, so that they can provide creditworthy small- and medium-sized exporters with working capital they need to buy, build, or assemble products for export sale; --export credit insurancewhich protects exporters and lenders against both the commercial and political risks of a foreign buyer defaulting on payment; --loan guarantees which encourage sales to creditworthy foreign buyers by providing private sector lenders in medium- and long-term transactions with Ex-Im Bank guarantees against the political and commercial risks of nonpayment; and --direct loans made to provide foreign buyers with competitive, fixed-rate medium- or long-term financing from Ex-Im Bank for their purchases from U.S. exporters. Ex-Im Bank has initiated several new programs to broaden the range of customers and types of exporters it supports. It has also expanded its capabilities in the area of limited recourse project finance and has adopted a policy of matching foreign tied-aid credits to ensure that U.S. exporters do not lose sales in critical emerging markets. In order to make its programs more readily available, Ex-Im Bank works closely with many State and local governments in its City/State Partners Program. Regional Offices The Export-Import Bank operates five regional offices. Regional Offices--Export-Import Bank -------------------------------------------------------------------------------------------------------------------------------------------------------- Region Address Telephone Fax -------------------------------------------------------------------------------------------------------------------------------------------------------- Regional Offices New York....................................... 20 Exchange Pl., New York, NY 10005.................................... 212-809-2650 212-809-2646 Miami.......................................... Suite 203, 5835 Blue Lagoon Dr., Miami, FL 33126....................... 305-526-7436 305-526-7435 Chicago........................................ Suite 2440, 55 W. Monroe St., Chicago, IL 60603........................ 312-353-8081 312-353-8098 Houston........................................ Suite 585, 1880 S. Dairy Ashford II, Houston, TX 77077................. 281-721-0465 281-679-0156 Mid Atlantic-DC................................ 811 Vermont Ave. NW, Washington, DC 20571.............................. 202-565-3940 202-565-3932 Western Regional Offices Long Beach, CA................................. Suite 1670, 1 World Trade Ctr., Long Beach, CA 90831................... 562-980-4580 562-980-4590 San Francisco, CA.............................. 14th Fl., 250 Montgomery St., San Francisco, CA 94104.................. 415-705-2285 415-705-1156 San Diego, CA.................................. Suite 230, 6363 Greenwich Dr., San Diego, CA 92122..................... 619-557-7091 619-557-6176 -------------------------------------------------------------------------------------------------------------------------------------------------------- For further information, contact the Export-Import Bank, Business Development Office, 811 Vermont Avenue NW., Washington, DC 20571. Phone, 202-565-3900 or 800-565-EXIM. Internet, www.exim.gov. ------------------------------------------------------------------------