We were created by Congress in 1932 to provide housing finance access to our members. We are one of 11 privately owned and capitalized FHLBs and do not use any taxpayer dollars. Only financial institutions that meet statutory requirements are eligible to become member stockholders and participate in our programs. These programs earn a profit for the FHLB, most of which is returned to members through a dividend or reinvested in our three state district through grants.
Programs and Services
Mortgage Purchase Program
We are an alternative to the traditional secondary mortgage market, purchasing high quality, fixed rate residential mortgage loans.
Community Investment
We provide grants and below market rate Advances when used for affordable housing and community lending purposes.
Correspondent Services
We provide our members with a variety of correspondent services that assist with their back office operations and investment decisions.
Community Partnership Awards honor Fifth Third Bank and Family Scholar House of Louisville
Fifth Third Bank, a Community Partnership Award recipient, will use the $5,000 grant to support Family Scholar House's mission to offer holistic services for disadvantaged single parents, their children and foster alumni.
News & Events
April Events
Nashville, Tenn.
April Events
Westerville, Ohio