Corporate Governance

 FHLBI 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 FHLBI records, or material omission in reporting that could harm FHLBI 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 FHLBI 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

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 FHLBI 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 otherm disadvantage as a result of filing a report with Ethicspoint.


Code of Conduct

All employees, officers, directors, and Affordable Housing Advisory Council members agree to abide by FHLBI’s Code of Conduct, which includes our Disclosure Policy, Policy Prohibiting Insider Trading, Anti-Fraud Policy, and Whistleblower Policy, ensuring that FHLBI maintains a legally compliant and highly ethical workplace.

Ethics Officers

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.

Daniel A. Lane
Deputy General Counsel

Kania D. Warbington
Director of Human Resources

Kym L. Augustine
Associate Director of Financial Audit

Anti Predatory Lending Policy

FHLBI discourages predatory lending practices and has safeguards in place to ensure fair and equitable homeownership opportunities.  View Anti-Predatory Lending Policy.

Subprime and Nontraditional Mortgage Loan Policy

FHLBI 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


Audit Committee Charter

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

Additional Board Committee Charters

Other committees assist the Board of Directors. View the HR Committee Charter and the Executive/Governance Committee Charter

FHLBI Capital Plan

On January 2, 2003, FHLBI adopted a new capital plan, in accordance with the requirements of the Gramm-Leach-Bliley legislation of 1999, revising it effective September 5, 2011.  View current FHLBI Capital Plan.