Become a Board Member

The FHLBank Indianapolis Board of Directors is comprised of both Member Directors and Independent Directors. The Director of the Federal Housing Finance Agency determines the size and composition of the Board. Independent Directors must make up at least 40 percent of the Board’s membership. Director eligibility requirements are found in 12 C.F.R. § 1261.5. 

Member Director candidates are nominated by FHLBank Indianapolis Members and are elected on a state-by-state basis. An individual who accepts a nomination must complete a Member Director Eligibility Certification Form, which will be sent to you by the Corporate Secretary.

Those making Member Director nominations will be required to demonstrate their authority to submit a nomination on behalf of the Member. Nominations will not be accepted without evidence of authority. A form resolution which may be adopted by a member board of directors is available here: Form of Nominating Resolution.

The 2024 election schedule can be found here. Additional information for Potential Director Nominees will be provided in early June. Please also see the Board's Desired Experience and Attributes Statement.
 

Independent Directors are elected at large by all FHLBank Indianapolis Members. Candidates are not nominated by Members; instead, individuals who would like to be considered for candidacy should deliver a completed Independent Director Application Form. Electronic signature may not be available on all versions of Adobe. If electronic signature capabilities are not available, please sign and date the form with a "wet" signature, scan and send by email to election@fhlbi.com. You also can send it by U.S. mail or courier to the following address:
 

Federal Home Loan Bank of Indianapolis
Attention: Corporate Secretary
8250 Woodfield Crossing Boulevard
Indianapolis, IN 46240

Please be sure to provide all information requested on the Federal Home Loan Bank Independent Director Application Form, including the request for information regarding Public Interest Directors found in the Statutory Eligibility Requirements section. Eligibility to serve as a public interest independent director is important as the Bank, by regulation, must have at least two public interest independent directors at all times.

Background checks will be performed on all director nominees/applicants.