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The FHLBanks have about 6,300 member institutions nationwide

Members include large commercial banks, savings institutions, credit unions, insurance companies, and community development financial institutions (CDFIs).

6,388 Members

 

Commercial Banks

3,517

Credit Unions

1,644

Insurance Companies

622

Savings Institutions

522

Community Development Financial Institutions

83

Members by type

Membership is voluntary.

The stock is held at its original (par) value and is not publicly traded. All applicants go through a detailed financial review before approval.

1

Apply to its district FHLBank

A financial institution applies to its district FHLBank for membership.

2

Complete financial review

All applicants go through a detailed financial review before approval.

3

Purchase stock in that FHLBank

Approved institutions purchase stock in their district FHLBank.