News

Business News Member Announcements FHLBank Indianapolis adds Michigan member FHLBank Indianapolis membership is growing in Michigan. In February, Compass Credit Union of Sparta, Mich., purchased initial stock to become a Bank member, per the FHLBank Capital Plan. Federal Home Loan Bank Indianapolis Public Announcements FHLBank Indianapolis announces 2023 Dr. Martin Luther King Jr. Citizenship Award winner As Black History Month comes to a close, FHLBank Indianapolis is proud to announce Manager of IT Software Delivery Renita Skinner as the 2023 recipient of the Dr. Martin Luther King Jr. Citizenship Award. Federal Home Loan Bank Indianapolis Public Announcements Former FHLBank Indianapolis President and CEO Marty Heger passes away The Federal Home Loan Bank of Indianapolis is sad to announce that former longtime President and CEO Martin “Marty” L. Heger has passed away at his home in Scottsdale, Ariz. He was 78. Heger worked at FHLBank Indianapolis for 26 years, the last 15 of his career as President and CEO. Business News Public Announcements Federal Home Loan Bank of Indianapolis declares Q4 2022 dividends, reports earnings On Feb. 23, 2023, the Board of Directors of the Federal Home Loan Bank of Indianapolis (“FHLBank Indianapolis” or “Bank”) declared its fourth quarter 2022 dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 6.0% and 2.0%, respectively. Community News Community Investments Community Investments News - January 2023 Learn more about what's happening inside Community Investment at Federal Home Loan Bank Indianapolis Business News Member Announcements 2023 Shareholder Symposium Save the Date! 2023 Shareholder Symposium Federal Home Loan Bank Indianapolis Public Announcements FHLBank Indianapolis Board of Directors Elects Chair, Vice-Chair The Federal Home Loan Bank of Indianapolis Board of Directors (“the Board”) has elected Karen F. Gregerson as Chair of the Board and Robert M. Fisher as Vice Chair of the Board, each for a two-year term beginning Jan. 1, 2023, and ending Dec. 31, 2024. Community News Member Announcements FHLBank Indianapolis awards $7.24 million in Affordable Housing Program Grants The Federal Home Loan Bank of Indianapolis announced today that $7.24 million in affordable housing grants will be awarded to 17 affordable housing developments in Indiana and Michigan through the Bank's 2022 Affordable Housing Program (AHP). Community News Public Announcements FHLBank Indianapolis announces 2022 Community Spirit Award winners in Indiana and Michigan The Federal Home Loan Bank of Indianapolis has awarded the 2022 Community Spirit Award to Becca Murphy, Vice President of Affordable Lending at Merchants Bank of Indiana in Carmel, Ind., and Celeste Spivey, Vice President Community Development and CRA Officer at ChoiceOne Bank in Sparta, Mich. Finance News Public Announcements Office of Finance publishes Q3 2022 combined financial report for FHLBanks The Office of Finance has published the Third Quarter 2022 Combined Financial Report (CFR) of the Federal Home Loan Banks (FHLBanks). Community News Member Announcements FHLBank of Indianapolis awards more than $500,000 in Elevate Small Business Grants The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) has announced that 27 Indiana and Michigan businesses were awarded the Bank's Elevate Small Business Grant. Federal Home Loan Bank Indianapolis Public Announcements FHLBank Indianapolis Seeks Candidates for Independent Directorship on Board of Directors The Federal Home Loan Bank of Indianapolis Board of Directors (“the Board”) has announced that it is seeking candidates to fill one vacant independent directorship, with a term that runs through Dec. 31, 2024.