Who We Are
The Federal Home Loan Banks are member-owned cooperatives that provide liquidity to financial institutions across the country, transforming money into momentum and providing stability, strategy, and support for local lenders who put community first. Resilient financial institutions are the bedrock of strong, thriving communities and the capital we provide through our members helps those communities continue moving forward.
Local communities are the fabric of our nation. We are Lending that Powers Communities.
And we are passionate about our work.
For a quick 101 Fact Sheet on the FHLBank System, please click here.
To view our 2024 Impact Report click here.
The FHLBank System was created by the Federal Home Loan Bank Act of 1932 as a government sponsored enterprise to support mortgage lending and community investment. The System consists of 11 regional FHLBanks, the Office of Finance, and the Council of Federal Home Loan Banks.
Each FHLBank is a privately capitalized cooperative owned by its members. The FHLBanks are located in Atlanta, Boston, Chicago, Cincinnati, Dallas, Des Moines, Indianapolis, New York, Pittsburgh, San Franciso, and Topeka. Their regional distribution enables each FHLBank to focus on the distinct needs of their individual communities.
Each FHLBank is operated independently and is supervised and regulated by the Federal Housing Finance Agency (FHFA). Each FHLBank is an SEC registrant, filing quarterly and annual financial statements. The FHLBanks are not supported by Congressional appropriations and taxpayers do not pay out-of-pocket expenses to keep the FHLBank System operating.
Membership in a FHLBank is open to commercial banks, credit unions, savings banks, insurance companies, and community development financial institutions (CDFIs). The FHLBanks’ collective membership consists of roughly 6,500 financial institutions.
The Office of Finance serves as the capital market agent, issuing and servicing all debt securities for the FHLBanks and compiling and publishing combined financial statements on behalf of the entire FHLBank System. It also conducts educational outreach to inform investors and other market participants about FHLBank debt products.
The Council of Federal Home Loan Banks serves as the public voice of the FHLBank System.