News

On July 29, 2021 FHLBank Indianapolis issued its second quarter 2021 earnings release. Our Board of Directors declared dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 3.25% and 1.00%, respectively. The dividends will be paid in cash on July 30, 2021.

Nominations for the 2021 FHLBank Indianapolis Director Election are currently open. Open positions include two member directors from Indiana and two independent directors, who may be from Indiana or Michigan. Nominations will close on July 19, 2021 at 5:00 PM EDT.

On April 29, 2021, FHLBank Indianapolis issued its first-quarter 2021 earnings release. Our Board of Directors declared its first quarter 2021 dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 3.25% and 1.50%, respectively. The higher dividend rate on activity-based stock reflects the Board's discretion under our amended capital plan effective September 26, 2020 to reward members that use FHLBank Indianapolis in support of their liquidity needs. The dividends will be paid in cash on April 30, 2021.

On February 23, 2021, FHLBank Indianapolis issued its fourth-quarter 2020 earnings release. Our Board of Directors declared dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 3.00% and 1.75%, respectively. The dividends will be paid in cash on February 24, 2021.

The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) recently awarded $11.2 million in Affordable Housing Program (AHP) grants to support the acquisition, construction, or rehabilitation of properties for use as affordable homes. FHLBank Indianapolis awarded AHP grants of up to $500,000 to 24 affordable housing developments in Indiana and Michigan.