Corporate Governance

FHLBank Indianapolis is committed to achieving excellence in the principles of corporate governance, including timely and accurate financial disclosures, open dialogue between the Board of Directors and management, accountability to our member shareholders and the public, and the utmost integrity in all of our actions.

If anybody discovers a potential safety violation, fraud, theft, wrongdoing, unauthorized destruction of FHLBank Indianapolis records, or material omission in reporting that could harm FHLBank Indianapolis or its employees, shareholders, customers or vendors, he or she is encouraged to report such concerns to Ethicspoint. Ethicspoint provides vendors and other users of FHLBank Indianapolis services, including the Affordable Housing Program, a way to anonymously and confidentially report wrongdoing. To contact and report to Ethicspoint, dial 866.850.1408 or log onto Ethicspoint.

All reports will be treated seriously and will be investigated. Anyone making a good faith report will be protected from retaliation and harassment by the FHLBank Indianapolis and applicable whistleblower laws. Additionally, anyone making the report should immediately provide a follow-up report to Ethicspoint if that person believes he or she is or has been subject to any harassment, retaliation or other disadvantage as a result of filing a report with Ethicspoint.



The Bank has adopted a Code of Conduct and Conflict of Interest Policy for Affordable Housing Advisory Council Members; a Code of Conduct and Conflict of Interest Policy for Directors; and a Code of Conduct and Conflict of Interest Policy for Employees and Contractors, each of which includes our Disclosure Policy, Policy Prohibiting Insider Trading, Anti-Fraud Policy, and Whistleblower Policy. The Bank has also adopted a Code of Ethics for Senior Financial Officers, applicable to the Bank’s principal executive officer, principal financial officer, and principal accounting officer. These codes and policies ensure FHLBank Indianapolis maintains a legally compliant and highly ethical workplace. You can view the policies at the bottom of this page 

Anti Predatory Lending Policy

FHLBank Indianapolis discourages predatory lending practices and has safeguards in place to ensure fair and equitable homeownership opportunities. View Anti-Predatory Lending Policy at the bottom of this page.

Subprime and Nontraditional Mortgage Loan Policy

FHLBank Indianapolis has established appropriate limits and controls for our credit risk exposure to subprime and nontraditional residential mortgage loans for our Mortgage Purchase Program and collateral pledged to support advances. View Subprime and Nontraditional Residential Mortgage Policy at the bottom of this page.


Audit Committee Charter

The Audit Committee assists the Board of Directors in fulfilling its responsibilities and oversees the internal and external audit functions. View the Audit Committee Charter at the bottom of this page.

Additional Board Committee Charters

Other committees assist the Board of Directors. You can view the HR Committee Charter and Executive/Governance Committee Charter at the bottom of this page.

FHLBI Capital Plan

On January 2, 2003, FHLBank Indianapolis adopted a new capital plan, in accordance with the requirements of the Gramm-Leach-Bliley legislation of 1999, revising it effective September 26, 2020.  View current FHLBI Capital Plan.


FHLBank Indianapolis is committed to protecting its revenue, property, reputation, and other assets. Our Anti-Fraud Policy supports this commitment and strengthens our compliance efforts. This policy addresses instances of possible fraud, money laundering, suspicious activities, and other illicit activities within the bank, but also includes the same activities if detected in our dealings with our members, Affordable Housing Program partners, and vendors.

Financial Crimes Enforcement Network and Federal Housing Finance Agency regulations require FHLBank Indianapolis to report suspected fraud, money laundering, suspicious activities, and other illicit activities when they are detected. In turn, FHLBank Indianapolis expects all of its employees, officers, vendors, AHAC members, directors, members and housing associates, contractors, counter parties, service providers, and consultants to report to it any instances of the foregoing involving FHLBank Indianapolis, whether it occurs inside or outside the bank. Questionable Activity Reports should be made by sending a Questionable Activity Report form to the Bank Secrecy Act & Anti-Money Laundering Officer at 317.465.0419 or

For more information on our Anti-Fraud policies and Questionable Activity Report forms, please see the links at the bottom of this page.

Corporate Governance


The board of directors has appointed the following as Ethics Officers for the Code of Conduct. These persons are responsible for interpreting and providing training on the Code and for maintaining the Code's written files, including disclosures and documented actions.

Shaun Clifford
General Counsel and Chief Compliance Officer

Kania D. Lottie
Chief HR and Diversity, Equity, and Inclusion Officer

Kym L. Augustine
Director of Internal Audit