Federal Home Loan Bank of Indianapolis

About Federal Home Loan Bank of Indianapolis

The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) is a regional wholesale bank, one of 11 independent cooperative banks in the U.S., serving member financial institutions in Indiana and Michigan since 1932. Its core mission is to provide reliable liquidity to support housing finance, asset-liability management, and community lending, while also aiding communities through grants and low-cost loans for affordable housing and economic development.

Products & Services

Advances:Wholesale funding solutions to meet liquidity needs of member institutions.

Mortgage Purchase Program:Program to purchase mortgages from member institutions to support housing finance.

Community Programs:Initiatives including grants and training to support affordable housing and community development.

Lines of Credit:Credit facilities such as overdraft lines for member financial institutions.

Letters of Credit:Financial instruments to support member institutions' transactions and obligations.

Correspondent Banking Services:Banking services to facilitate transactions for member institutions.

Voluntary Programs:Optional programs offering additional resources and support for members.

Specialties

Housing Finance Asset-Liability Management Community Lending Affordable Housing Initiatives Economic Development Support

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Internal Allocation T: - FT: Internal Allocation	A: 6700000 MR: - FA: 6.7 million FAN: 6700000	D: 2024-12-04 FD: 2024-12-04	-
2	RT: Grant T: - FT: Grant	A: 705130 MR: - FA: $705,130 FAN: 705130	D: 2023-11-06 FD: 2023-11-06	-

Internal Allocation Latest

2024-12-04

$6.7M

Grant 2023-11-06

$705K

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

G

George Guy III

CHAIR - Fort Wayne Housing Authority Chief Executive Officer/Executive Director

J

Jermaine R. Ruffin

VICE-CHAIR - Invest Detroit Vice President of Neighborhoods

N

Nicki Basch

Housing Consultant for Great Lakes Housing Services

C

Connie Bohatch

Managing Director of Community Services

S

Sherry Early

Executive Director of Incremental Development (IncDev)

E

Eric Frey

Executive Director of Administration for the City of Columbus

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