Joining the FHLBank Indianapolis Board of Directors
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.
For the 2019 election, the nomination period for Member Directors will open on June 21, 2019, and close at 5 p.m. (ET) on July 22, 2019.
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 by U.S. mail or courier to the following address:
Federal Home Loan Bank of Indianapolis
Attention: Corporate Secretary
8250 Woodfield Crossing Boulevard
Indianapolis, Indiana 46240
For the 2019 election, Independent Director application forms received by FHLBank Indianapolis by 5 p.m. (ET) on July 22, 2019, will be eligible for consideration.
Background checks will be performed on all Member Director and Independent Director candidates.