News

The Federal Home Loan Bank of Indianapolis (“Bank”) today announced the results of the district-wide election of two independent directors to its Board of Directors (“Board”).

The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) awarded Moira Carlstedt, President and CEO of Indianapolis Neighborhood Housing Partnership® (INHP), with the 2019 Community Spirit Award. The Community Spirit Award honors individuals that show an outstanding dedication to affordable housing and community economic development.

FHLBank Indianapolis recently announced that 17 Indiana and Michigan businesses were awarded the bank’s Elevate Small Business Grant. Now in its second year, Elevate was developed to strengthen our communities and encourage Indiana and Michigan small businesses to further develop their relationship with an FHLBank Indianapolis member financial institution.

On July 25, 2019 FHLBank Indianapolis issued its second quarter 2019 earnings release. Our Board of Directors declared dividends on Class B-1 and Class B-2 capital stock at annualized rates of 5.50% and 4.40%, respectively. The dividends will be paid in cash on July 26, 2019.

Nominations for the 2019 FHLBank Indianapolis Board of Directors election opened today, June 21, 2019. Open positions include two (2) independent directors and two (2) member directors from Michigan. Nominations will close on July 22, 2019 at 5:00 PM EDT.