by Council of FHLBanks | Feb 26, 2026 | Issue Briefs
Legislation introduced by Sens. Cortez Masto (D-NV) and Young (R-IN), and Reps. McClain (R-MI) and Liccardo (D-CA), would make permanent the ability of the Federal Home Loan Banks (FHLBanks) to issue letters of credit on behalf of their members for the purpose of...
by Council of FHLBanks | Feb 17, 2026 | Issue Briefs
Federal Home Loan Bank letters of credit (LOCs) are a valuable tool that members can use to support local communities across the country, allowing them to leverage the credit strength of their FHLBank for public good. LOCs are used for a range of purposes, including...