News

On August 27, 2015, FHLBI announced Jennifer Gilbert, Vice President of Corporate Lending at Old National Bank (ONB), Evansville, IN, as the recipient of the Federal Home Loan Bank of Indianapolis (FHLBI) 2015 Community Spirit Award.

For nearly 20 years, FHLBI members have helped hundreds of people purchase and repair homes using the bank's home ownership initiative grants. Read about how three FHLBI members are using these grants to improve the lives of their customers.

One of FHLBI’s newest advance product variations, the forward-starting fixed-rate bullet, provides members more options when managing their balance sheets in a variety of interest rate environments. Test

Financial crime is evolving, becoming more complex and sophisticated as criminal networks quickly adapt to new technologies. As community financial institutions rise to the challenge of financial crime prevention and detection, it’s important to understand how illicit funds could be laundered through their institutions.

In 1989 Congress enacted the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) that created the Federal Home Loan Bank System’s Affordable Housing Program (AHP) and the Community Investment Program (CIP), strengthening communities across the U.S. by awarding grants funded with 10% of system profits and offering lower cost loans to borrowers for projects benefitting low- to moderate-income families and neighborhoods.