News by "board of directors" - Federal Home Loan Bank of Indianapolis

FHLBank Indianapolis allocates nearly $7 million to Rate Advantage mortgage program for low-income homebuyers

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.

Federal Home Loan Bank Indianapolis Member Announcements FHLBank Indianapolis 2023 Board of Directors Election opens Sept. 25, 2023 Voting for the 2023 FHLBank Indianapolis Director Election will open Sept. 25, 2023, and will close Oct. 26, 2023, at 5 p.m. (Eastern). This year, FHLBank Indianapolis has two Michigan member directorships and two independent directorships open for election.

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.