News by "Federal Home Loan Bank Indianapolis"

Federal Home Loan Bank Indianapolis Member Announcements FHLBank Indianapolis account manager saves man, daughter from drowning in Lake Superior Ask yourself this question: “Have I ever saved someone from drowning?” Then ask yourself, “How about two people at once?” For Nick Groenleer, AVP, Michigan Account Manager at FHLBank Indianapolis, the answer to both questions is yes. And it all happened in 15 minutes this summer along Lake Superior. Federal Home Loan Bank Indianapolis Member Announcements FHLBank Indianapolis announces 2024 Community Spirit Awards FHLBank Indianapolis has awarded the 2024 Community Spirit Award to Vice President James Parker of Central Savings Bank in Sault Ste. Marie, Mich., and Marketing Manager Autumn Bucy of Hendricks County Bank and Trust Company in Brownsburg, Ind. Federal Home Loan Bank Indianapolis Member Announcements Office of Finance files Q2 2024 CFR for FHLBanks The Office of Finance has published the Second Quarter 2024 Combined Financial Report of the Federal Home Loan Banks. This report has been prepared from the unaudited financial information of the FHLBanks. Each FHLBank — including FHLBank Indianapolis — has filed its Q2 2024 Form 10 with the SEC. Federal Home Loan Bank Indianapolis Member Announcements FHLBank Indianapolis announces 2024 Elevate Small Business Grants FHLBank Indianapolis is proud to announce that 53 small businesses in Indiana and Michigan will receive the Bank's annual Elevate Small Business Grant, totaling $1,009,561 in program awards for 2024. Federal Home Loan Bank Indianapolis Member Announcements FHLBank Indianapolis opens Disaster Relief Program in response to spring storms in Indiana, Michigan In response to recent emergency declarations in Indiana and Michigan, FHLBank Indianapolis will open its Disaster Relief Program to residents in affected counties across the two states. Federal Home Loan Bank Indianapolis Public Announcements FHLBank Indianapolis announces second quarter 2024 dividends, reports earnings On July 25, 2024, the Board of Directors of FHLBank Indianapolis declared its second quarter 2024 dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 9.50% and 4.50%, respectively. Federal Home Loan Bank Indianapolis Member Announcements Former longtime Michigan Board member Jim Logue announces retirement from Cinnaire Former longtime FHLBank Indianapolis Board member Jim Logue, a renowned supporter and advocate of affordable housing initiatives in Michigan and across the country, has announced his retirement after 21 years at Cinnaire, most recently as the nonprofit's chief policy and advocacy officer. Federal Home Loan Bank Indianapolis Member Announcements FHLBank Indianapolis awards $100,000 in Money Masters financial literacy scholarships Financial literacy is a critical life skill for young people looking to build a secure future. That's why FHLBank Indianapolis is proud to announce that $100,000 has been awarded through our Money Masters Scholarship Program to college-bound students and rising seniors in Indiana and Michigan. Federal Home Loan Bank Indianapolis Public Announcements Council of FHLBanks releases 2023 Impact Report The Council of Federal Home Loan Banks, the public voice of the Federal Home Loan Bank System (FHLBank System), has released its 2023 Impact Report, which details the ways in which the FHLBank System delivers measurable and sustainable impact for communities and individuals in Indiana and Michigan. Federal Home Loan Bank Indianapolis Public Announcements FHLBank Indianapolis opens Board of Directors nominations June 27, 2024 Nominations for the 2024 FHLBank Indianapolis Board of Directors will open on June 27, 2024. Open positions include two Member Directors from Indiana and three Independent Directors, the latter of whom may be from Indiana or Michigan. Nominations will close at 5 p.m. (Eastern) July 31, 2024. Federal Home Loan Bank Indianapolis Public Announcements Office of Finance files Q1 2024 CFR for FHLBanks The Office of Finance has published the First Quarter 2024 Combined Financial Report (CFR) of the Federal Home Loan Banks (FHLBanks). This report has been prepared from the unaudited financial information of the FHLBanks. Each FHLBank has filed its Q1 2024 Form 10-Q with the SEC. Federal Home Loan Bank Indianapolis Public Announcements FHLBank Indianapolis releases 2023 Impact Report Success. For 2023, that best characterizes the accomplishments of FHLBank Indianapolis. Despite a tumultuous geopolitical environment and turmoil within the global banking industry, our cooperative still achieved remarkable results on the corporate and social responsibility fronts.