News

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.

Voting for the 2020 FHLBank Indianapolis Director Election is currently open. This year, FHLBank Indianapolis has two (2) Indiana member directorships and three (3) independent directorships open for election.

On July 29, 2020 FHLBank Indianapolis issued its second quarter 2020 earnings release. Our Board of Directors declared dividends on Class B-1 and Class B-2 capital stock at annualized rates of 3.50% and 2.80%, respectively. The dividends will be paid in cash on July 30, 2020.