News

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.

The Federal Home Loan Bank of Indianapolis (“Bank”) today announced the results of the Indiana election of two member directors and the district-wide election of three independent directors to its Board of Directors (“Board”). The following individuals were elected to the Board and will each serve four-year terms beginning January 1, 2021.

On October 28, 2020, FHLBank Indianapolis issued its third-quarter 2020 earnings release. Our Board of Directors declared dividends on Class B-1 and Class B-2 capital stock at annualized rates of 3.00% and 2.40%, respectively. The dividends will be paid in cash on October 29, 2020.