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Promoting small business growth across Indiana and Michigan. Now featuring all-new program design with a streamlined, simplified application. Support your small business clients today!

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Coming soon

More opportunities to use Launch - Down Payment Assistance and Revive - Home Repair Grants! More information on each program page.

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Available Now

Expanding homeownership opportunities with down payment assistance for first-generation, first-time homebuyers. Available exclusively to member financial institutions.

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Who We Are

The Federal Home Loan Bank of Indianapolis is one of 11 independent regional cooperative banks across the U.S.

Who We Serve

The Federal Home Loan Bank of Indianapolis provides a reliable, cost effective, and flexible source of wholesale funding for its members.

Community & Housing Services

The Community Investments Department at FHLBank Indianapolis plays a pivotal role in providing safe and affordable housing to residents in Indiana and Michigan.

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The Federal Home Loan Bank of Indianapolis is a regional wholesale bank that has been meeting the liquidity needs of member financial institutions throughout Indiana and Michigan since 1932.

Our Mission

Our core mission is to provide a reliable source of liquidity to member banks, credit unions, community development financial institutions and insurance companies to support housing finance, asset-liability management and community lending. We also help communities and families through grants and low-cost loans to our members that help support affordable housing and economic development initiatives.

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How We Serve

FHLBank Indianapolis serves a wide range of members large and small, from banks and credit unions to insurance companies and community development financial institutions. But how exactly do we do that? Watch our testimonial video and hear from the members themselves about the value we provide to their customers and their communities.

Privately Capitalized and Funded

FHLBank Indianapolis is one of 11 regional banks that make up the Federal Home Loan Bank System. FHLBanks are government-sponsored enterprises created by Congress to ensure access to low-cost funding for their member financial institutions. FHLBanks are privately capitalized and funded, and receive no Congressional appropriations. The Bank is owned by its approximately 400 Indiana and Michigan financial institution members. Watch this 60 second video to learn more about how the FHLBanks support a nation of local lenders.

Featured Resources

Article Our Voluntary Programs Check out our new resource, your one-stop shop for all high-level information on FHLBank Indianapolis' voluntary programs.

Article Money Masters Scholarship Program We are proud to announce “Money Masters” Scholarship Program, a community engagement and financial literacy program sponsored by FHLBank Indianapolis.

Sep17 Featured Live Event Community Catalyst: Multiplying your community investment

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News

Member Announcements FHLBank Indianapolis announces 2025 Michigan Community Spirit Award winner On Aug. 12, 2025, FHLBank Indianapolis announced Jason Blain, senior commercial lender at Grand Rapids-based Independent Bank, was awarded the 2025 Community Spirit Award honoring exceptional contributions to affordable housing and community development in Michigan.

Public Announcements Office of Finance publishes Q2 2025 CFR The Office of Finance has published the Q2 2025 Combined Financial Report (CFR) of the Federal Home Loan Banks. This report has been prepared from the unaudited financial information of the FHLBanks. Each FHLBank — including FHLBank Indianapolis — has filed its Q2 2025 Form 10-Q with the SEC.

FHLBank Indianapolis President and CEO Cindy Konich announces retirement; Board names EVP Brendan McGrath as successor

Public Announcements FHLBank Indianapolis President and CEO Cindy Konich announces retirement; Board names EVP Brendan McGrath as successor After 41 years of service at FHLBank Indianapolis, including the past 12 years as President and CEO, Cindy Konich has announced her retirement. Her last day in the office will be Sept. 30, 2025. The Board of Directors has named EVP Brendan McGrath as the next President and CEO, effective Oct. 1.

Public Announcements FHLBank Indianapolis declares second quarter 2025 dividends, reports earnings On July 29, 2025, the Board of Directors of FHLBank Indianapolis declared its second quarter 2025 dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 9.50% and 4.50%, respectively.

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