News by "press releases"

Affordable Housing Member Announcements FHLBank Indianapolis allocates nearly $7 million to Rate Advantage mortgage program for low-income homebuyers In response to heavy member demand, the Board of Directors of FHLBank Indianapolis recently approved adding $2.7 million to its new Rate Advantage Program, bringing the total allocation to $6.7 million to make homeownership more affordable to hundreds of low-income residents in Indiana and Michigan. Affordable Housing Public Announcements FHLBank Indianapolis announces $800,000 in pre-development grants for Tribal Nations Housing Development Assistance Program FHLBank Indianapolis has announced that $800,000 in pre-development affordable housing grants is now available to the 12 federally recognized tribal nations located in Michigan through the Tribal Nations Housing Development Assistance Program (TNHDAP). 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 Public Announcements FHLBank Indianapolis announces 2024 Dr. Martin Luther King, Jr. Citizenship Award winner As part of Black History Month observances, FHLBank Indianapolis has named Sr. Software Developer Jenny Ferree as the Bank's 2024 recipient of the Dr. Martin Luther King Jr. Citizenship Award. Since 2001, the Bank has honored one outstanding employee who best represents King's ideals. Federal Home Loan Bank Indianapolis Public Announcements FHLBank Indianapolis unveils in-house art display for Black History Month As part of Black History Month, FHLBank Indianapolis is displaying dozens of Black-inspired wall art in an in-house display titled, “Impact and Influence: The Intersection of Art and Black History,” the first time diverse artistic talents from the Indiana and Michigan district have been highlighted. 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. 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. 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.