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Community Development Financial Institutions (CDFIs)

As of January 2010, Community Development Financial Institutions (CDFIs) were authorized to become members of the Federal Home Loan Bank System. Eligible CDFIs include community development loan funds, venture capital funds, and state-chartered credit unions without federal insurance that are certified as a CDFI under the CDFI Act. Eligible CDFIs must also make long-term home mortgage loans.

Membership will provide eligible CDFIs with increased access to funding, thereby expanding their capacity to promote economic growth and stability in the low- and moderate-income communities they serve.

To be considered for membership, CDFIs must be certified by the CDFI Fund of the U.S. Treasury Department. To learn more about eligibility and procedural requirements to become a member, please contact an FHLBI marketing representative at 1-800-442-2568 or e-mail memberservices@fhlbi.com.

To Apply:   CDFI Membership Application
                   CDFI Credit Union Membership Application

Additional Resources:

FHLBI Credit Program Brochure

FHLBI MPP Brochure

FHLBI Affordable Housing and Community Investment Brochure

FHLB System Website

Updated: June 30, 2010