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Employer Quick Look

Federal Home Loan Bank

 
HQ: Indianapolis, IN   |  
Overview

The Federal Home Loan Bank of Indianapolis (FHLBI)
is one of 12 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 FHLBI is owned by its financial institution members, which include commercial banks, credit unions, insurance companies and savings banks headquartered in Indiana and Michigan.

Culture

The Federal Home Loan Bank of Indianapolis invites you to explore our career opportunities in areas such as finance, accounting, derivatives, programming, computer support, affordable housing, and administrative functions. We offer a comprehensive benefit package, competitive pay levels, company growth, assistance toward professional and educational development, in-house training, and promotions. Our dedicated employees at the Federal Home Loan Bank of Indianapolis make valuable contributions to the success and future of our organization. We employ over 150 employees with a wide range of abilities and diverse backgrounds. To find out where you fit in, choose one of the areas listed on the left as you explore our web site. The Federal Home Loan Bank of Indianapolis is an Equal Opportunity Employer.

Mission

To help families afford housing by working with member financial institutions located in Indiana and Michigan to meet their funding needs for both residential mortgage loans and loans to support the economic growth of their communities. The FHLBI also provides grants for building and rehabilitating low-income housing. The FHLBI expects to deliver a market return on the equity investment by its member/owner institutions.

The Federal Home Loan Bank of Indianapolis is a wholesale bank that provides loans, grants, and business services to member financial institutions in Indiana and Michigan. We are one of twelve such banks in the Federal Home Loan Bank System established in 1932. FHLBanks are privately capitalized and funded, and receive no Congressional appropriations.

Our credit programs provide funding to help members with liquidity and asset/liability management, interest rate risk, profitability enhancement, and mortgage pipeline funding. In addition to funding, we provide various correspondent services, such as securities safekeeping and wire transfers. The FHLBI also helps to meet the economic and housing needs of communities and families through grants and low-cost advances that help support affordable housing and economic development initiatives.

Contact Us

Federal Home Loan Bank of Indianapolis
8250 Woodfield Crossing Blvd.
Indianapolis, Indiana 46240
317-465-0200
Toll Free Number: 1-800-442-2568