by Council of FHLBanks | Jul 12, 2022 | FHLBanks, Press Releases
WASHINGTON, DC, July 12, 2022 — The Council of Federal Home Loan Banks (FHLBanks) appointed Ryan Donovan as its President and Chief Executive Officer. Donovan succeeds John von Seggern, who retired at the end of June. “We are excited to have Ryan lead the Council of...
by Office of Finance | Feb 1, 2022 | FHLBanks, FHLBanks Office of Finance, Press Releases, SOFR
The Federal Home Loan Banks Office of Finance announced today that the Federal Home Loan Bank System has issued over $500 billion in SOFR-linked bonds since its first SOFR-linked issuance in November 2018. “With this week’s bond issuance, our SOFR-linked issuance now...
by Council of FHLBanks | Sep 17, 2021 | Affordable Housing Program, FHLBanks, Press Releases
In 2020, the Federal Home Loan Banks contributed nearly $400 million towards affordable housing, supporting 41,511 housing units across more than $6.5 billion of project development cost. This support was made possible through the FHLBanks’ Affordable Housing Program,...
by Council of FHLBanks | Aug 31, 2021 | FHLBanks, Press Releases
Insurance companies are finding value in the Federal Home Loan Bank (FHLBank) System, with membership – and the use of advances – increasing steadily over the last decade. Insurance company membership in the FHLBank System has grown at an annual compound rate of 8.6%...
by Council Leadership Committee | Jun 19, 2020 | FHLBanks, Press Releases
The Federal Home Loan Banks share in the deep grief and anger felt throughout our communities over racial injustice and the structures that foster such inequality against Black Americans. The 11 FHLBanks are aligned in our commitment to promote diversity and...
by Council of FHLBanks | Apr 23, 2020 | FHFA, FHLBanks, Press Releases
The 11 Federal Home Loan Banks (FHLBanks) submitted a letter to the Federal Housing Finance Agency’s (FHFA) request for input related to FHLBank membership. In their letter to Deputy Director Andre D. Galeano, the banks noted that “any expansion of membership should...
