Membership in the Federal Home Loan Bank (FHLBank) System is open to various eligible institutions that meet specific criteria set forth by the Federal Housing Finance Agency (FHFA). Here are key aspects related to FHLBank membership:
Supporting Housing Finance and Community Development: Membership in an FHLBank enables institutions to access funds and resources that can be utilized to support affordable housing initiatives, community development projects, mortgage lending, and other activities aimed at strengthening local housing markets and community well-being.