News by "member updates"

Federal Home Loan Bank Indianapolis Member Announcements FHLBank Indianapolis 2023 Board of Directors Election opens Sept. 25, 2023 Voting for the 2023 FHLBank Indianapolis Director Election will open Sept. 25, 2023, and will close Oct. 26, 2023, at 5 p.m. (Eastern). This year, FHLBank Indianapolis has two Michigan member directorships and two independent directorships open for election. Federal Home Loan Bank Indianapolis Public Announcements FHLBank Indianapolis 2023 invitation for Board of Directors Candidates Nominations for the 2023 FHLBank Indianapolis Director Election will open on June 16, 2023. Open positions include two Member Directors from Michigan and two Independent Directors, who may be from Indiana or Michigan. Nominations will close at 5 p.m. (EDT) July 17, 2023. Federal Home Loan Bank Indianapolis Member Announcements Office of Finance files Q1 2023 CFR for FHLBanks The Office of Finance has published the First Quarter 2023 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 of the FHLBanks has filed its First Quarter 2023 Form 10-Q with the SEC. Finance News Press Room Federal Home Loan Bank of Indianapolis declares Q1 2023 dividends, reports earnings On April 27, 2023, the Board of Directors of the Federal Home Loan Bank of Indianapolis declared its first quarter 2023 dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 6.75% and 2.25%, respectively. Business News Member Announcements FHLBank Indianapolis adds Michigan CDFI member FHLBank Indianapolis is growing its membership of certified Community Development Financial Institutions (CDFI) in Michigan. On March 22, 2023, CORE Community Partners of Bingham Farms, Mich., purchased its initial stock to join the Bank, per the FHLBank Indianapolis Capital Plan. Business News Member Announcements FHLBank Indianapolis adds Michigan credit union member FHLBank Indianapolis membership is growing in Michigan. In February, Compass Credit Union of Sparta, Mich., purchased initial stock to become a Bank member, per the FHLBank Capital Plan. Federal Home Loan Bank Indianapolis Public Announcements FHLBank Indianapolis Board of Directors Elects Chair, Vice-Chair The Federal Home Loan Bank of Indianapolis Board of Directors (“the Board”) has elected Karen F. Gregerson as Chair of the Board and Robert M. Fisher as Vice Chair of the Board, each for a two-year term beginning Jan. 1, 2023, and ending Dec. 31, 2024. Federal Home Loan Bank Indianapolis Public Announcements FHLBank Indianapolis Seeks Candidates for Independent Directorship on Board of Directors The Federal Home Loan Bank of Indianapolis Board of Directors (“the Board”) has announced that it is seeking candidates to fill one vacant independent directorship, with a term that runs through Dec. 31, 2024. Federal Home Loan Bank Indianapolis Public Announcements FHLBank Indianapolis Announces 2022 Board of Directors Election Results FHLBank Indianapolis today announced the results of the election of one Indiana member director and one Michigan member director to its Board of Directors.