On Thursday, July 28, 2022, the Board of Directors of the Federal Home Loan Bank of Indianapolis declared its second quarter 2022 dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 4.75% and 1.25%, respectively.

The higher dividend rate on activity-based stock reflects the Board's discretion under our capital plan to reward members that use FHLBank Indianapolis in support of their liquidity needs. The dividends will be paid in cash on July 29, 2022.

"Despite the ongoing challenges in the housing market and volatile economic conditions, FHLBank Indianapolis is proud to report the close of another successful quarter," President and CEO Cindy Konich said. "Solid earnings mean solid rewards for our members, which is why we're pleased to raise the dividend rates on their capital stock this quarter. As we celebrate our 90th anniversary, our continued strong performance underscores the vital role we play for our members and the communities they serve."

Click here to read the full Q2 2022 earnings release.