2025 Community Investment Programs

The 2025 Implementation Plan and Targeted Community Lending Plan are now available!

Featuring exciting new program changes and upgrades, all created with members in mind.

Our new program helps non-depository CDFIs support housing and economic development in the most underserved areas.

Learn More!

Who We Are

The Federal Home Loan Bank of Indianapolis is one of 11 independent regional cooperative banks across the U.S.

MEMBER OPPORTUNITY

Good news! Due to heavy member demand, we have added $3 million in incentive funds for the purchase of loans for low-income borrowers. Learn more about this innovative program on our MPP page!

Quick Reference

Who We Serve

The Federal Home Loan Bank of Indianapolis provides a reliable, cost effective, and flexible source of wholesale funding for its members.

Grant News

See our list of more than 50 recipients across Indiana and Michigan!

Community & Housing Services

The Community Investments Department at FHLBank Indianapolis plays a pivotal role in providing safe and affordable housing to residents in Indiana and Michigan.

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Member news

Our members have elected five new Directors to join the Board of Directors, effective Jan. 1, 2025.

Read their bios

Announcement

The new Tribal Nations Housing Development Assistance Program will help Michigan's sovereign tribal nations to build more affordable housing and upgrade existing homes.

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Built to Serve

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Purchase Program

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Banking Services

The Federal Home Loan Bank of Indianapolis is a regional wholesale bank that has been meeting the liquidity needs of member financial institutions throughout Indiana and Michigan since 1932.

Our Mission

Our core mission is to provide a reliable source of liquidity to member banks, credit unions, community development financial institutions and insurance companies to support housing finance, asset-liability management and community lending. We also help communities and families through grants and low-cost loans to our members that help support affordable housing and economic development initiatives.

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How We Serve

FHLBank Indianapolis serves a wide range of members large and small, from banks and credit unions to insurance companies and community development financial institutions. But how exactly do we do that? Watch our testimonial video and hear from the members themselves about the value we provide to their customers and their communities.

Privately Capitalized and Funded

FHLBank Indianapolis is one of 11 regional banks that make up the Federal Home Loan Bank System. FHLBanks are government-sponsored enterprises created by Congress to ensure access to low-cost funding for their member financial institutions. FHLBanks are privately capitalized and funded, and receive no Congressional appropriations. The Bank is owned by its approximately 400 Indiana and Michigan financial institution members. Watch this 60 second video to learn more about how the FHLBanks support a nation of local lenders.

Featured Resources

Article Our Voluntary Programs Check out our new resource, your one-stop shop for all high-level information on FHLBank Indianapolis' voluntary programs.

Article Money Masters Scholarship Program We are proud to announce “Money Masters” Scholarship Program, a community engagement and financial literacy program sponsored by FHLBank Indianapolis.

Mar13 Featured Live Event Launch and Revive Live Training (MEMBERS ONLY)

Visit the resource center to expand your knowledge about our industry.

News

Member Announcements FHLBank Indianapolis announces fourth quarter 2024 dividends, reports earnings On Feb. 20, 2025, the Board of Directors of the Federal Home Loan Bank of Indianapolis declared its fourth quarter 2024 dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 9.50% and 4.50%, respectively.

Public Announcements FHLBank Indianapolis, LISC Detroit announce new Detroit heirs' property initiative FHLBank Indianapolis and LISC Detroit have announced the Detroit Heirs' Property Program: A Community-Driven Approach, a new program designed to help resolve and prevent ongoing heirs' property issues in the city of Detroit.

Public Announcements FHLBank Indianapolis releases heirs' property report for 2 major Indiana counties A new report by FHLBank Indianapolis and Black Onyx Management found more than 1,800 heirs' properties — land or property passed down among family members without a formal will or estate plan after the owner's death — valued at more than $258 million in two of Indiana's most populated counties.

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.

See all articles regarding news about FHLBank Indianapolis.

The 2025 Implementation Plan and Targeted Community Lending Plan are now available! Featuring exciting new program changes and upgrades, all created with members in mind.