An Overview
The Federal Home Loan Bank System was created by the Federal Home Loan Bank Act of 1932. Our mission is to provide liquidity to members and support housing and community development. The System consists of 11 district FHLBanks, the Office of Finance, and the Council of Federal Home Loan Banks.
The 11 FHLBanks are privately capitalized cooperatives owned by their members.
Each FHLBank is operated independently, is an SEC registrant, filing quarterly and annual financial statements, and is supervised and regulated by the Federal Housing Finance Agency (FHFA). The FHLBanks are not supported by congressional appropriations and taxpayers do not pay out-of-pocket expenses to keep the FHLBank System operating.
11
Regional FHLBanks across the US
Atlanta
Boston
Chicago
Cincinnati
Dallas
Des Moines
Indianapolis
New York
Pittsburgh
San Francisco
Topeka
A nationwide footprint, regionally rooted.
The 11 FHLBanks serve every state and U.S. territory
~6,300
Financial institutions form the FHLBanks’ collective membership.
Membership
Membership in a FHLBank is open to commercial banks, credit unions, savings banks, insurance companies, and community development financial institutions (CDFIs).
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