FHLBank Indianapolis offers a reliable, cost effective and flexible source of wholesale funding for its financial institution members in Indiana and Michigan.
Access to liquidity and flexible low-cost funding are the primary benefits of membership, but our members also have access to a competitive Mortgage Purchase Program, correspondent banking services, grant money for housing initiatives through our Affordable Housing Program, and at-cost advances for housing and economic development through our Community Investment Program.
FHLBI membership is open to regulated financial institutions (commercial banks, thrifts, credit unions, insurance companies, and CDFIs) having a principal place of business in the states of Indiana or Michigan.
To become a member, an institution must:
- Gain approval of membership from its Board of Directors.
- Complete and submit the appropriate membership application. Select from the following:
- Receive approval from FHLBank Indianapolis.
- Buy initial FHLBank Indianapolis membership stock per our Capital Plan.
For more information and links to our applications, select your type of institution or contact a Marketing Account Manager at 800-442-2568 or memberservices@fhlbi.com. If you are a housing associate - such as a state or local housing authority in Indiana or Michigan - seeking approval to borrow, please contact us directly for more information.
Once you're an FHLBank Indianapolis member, please contact memberservices@fhlbi.com to learn how you can use our logo on your documents, advertising and quarters.