News

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.

FHLBank Indianapolis recently announced that 21 Indiana and Michigan businesses were awarded the bank’s Elevate Small Business Grant. Now in its third 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.