Becoming a Member

The Federal Home Loan Bank of Indianapolis (FHLBI) provides a reliable, cost effective, and flexible source of wholesale funding for its members. Our core business is advances, but the FHLBI also provides services including our Mortgage Purchase Program (MPP), correspondent banking services including safekeeping, and access to our Affordable Housing and Community Investment Program which provides grants and low-cost funding for affordable housing and community development projects.

FHLBI membership is open to all regulated financial institutions headquartered or domiciled in Indiana or Michigan. Our members share our mission of supporting the mortgage market and community development. A list of our current members can be found by clicking here.

FHLBI membership requires the following steps:

1. Complete a short membership application

2. Institution board votes in favor of membership

3. Submit membership application

4. Receive approval of application from FHLBI

5. Initially purchase FHLBI stock equal to 1% of the institution's total
    mortgage assets.

For more information, and links to the application, select your type of institution below or contact an FHLBI marketing representative at 1-800-442-2568 or
e-mail memberservices@fhlbi.com.

> Bank / Thrifts

> Credit Unions

> Insurance Companies

> Community Development Financial Institutions (CDFIs)

Updated: August 19, 2010