8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 25, 2010

FEDERAL HOME LOAN BANK OF ATLANTA

(Exact name of registrant as specified in its charter)

Federally chartered corporation	000-51845	56-6000442
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification Number)
1475 Peachtree Street, NE
Atlanta, GA 30309
(Address of principal executive offices)
(404) 888-8000
(Registrant's telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events.

On March 25, 2010, the board of directors of the Federal Home Loan Bank of Atlanta (the "Bank") declared a dividend for the fourth quarter of 2010. The Bank also determined that it will not repurchase activity-based excess capital stock outstanding as of the end of the fourth quarter of 2010. Attached as Exhibit 99.1 to this Current Report on Form 8-K is a copy of the related press release.

Item 9.01. Exhibits.

99.1 Press Release, dated March 25, 2010.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Federal Home Loan Bank of Atlanta
Date: March 25, 2010	By: /s/ Jill Spencer
		Jill Spencer
		Executive Vice President,
		General Counsel, Chief Strategy Officer and Corporate Secretary

EX-99.1

[FHLBank Atlanta logo]

News Release

March 25, 2010

FOR IMMEDIATE RELEASE CONTACT: Chris McEntee

Federal Home Loan Bank of Atlanta

cmcentee@fhlbatl.com

(404) 888-8158

Federal Home Loan Bank of Atlanta Declares Fourth Quarter 2009 Dividend

ATLANTA, March 25, 2010 - The Board of Directors of Federal Home Loan Bank of Atlanta (the Bank) has approved an annualized dividend rate for the fourth quarter of 2009 of 0.27 percent. The Bank also announced that it will not repurchase activity-based excess capital stock outstanding as of the end of the fourth quarter of 2009. The Bank will continue to evaluate on a quarterly basis whether to repurchase excess capital stock. For the year 2009, the Bank paid an annualized dividend of 0.38 percent.

The dividend rate is equal to average three-month LIBOR for the period of Oct. 1, 2009 to Dec. 31, 2009, and is applicable to capital stock held during that period. The dividend will be credited to members' daily investment accounts at the close of business on March 31, 2010.

If you have questions, please contact FHLBank Atlanta's Funding Desk at 1.800.536.9650, ext. 8011.

About FHLBank Atlanta
FHLBank Atlanta offers competitively-priced financing, community development grants, and other banking services to help approximately 1,200 member financial institutions make affordable home mortgages and provide economic development credit to neighborhoods and communities. The Bank's members-its shareholders and customers-are commercial banks, credit unions, savings institutions, and insurance companies headquartered in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, and the District of Columbia. FHLBank Atlanta is one of 12 district banks in the Federal Home Loan Bank System which since 1990 has contributed more than $3.6 billion to the Affordable Housing Program.

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