Federal Home Loan Bank of Chicago

The Federal Home Loan Bank of Chicago is a $89 billion wholesale bank, serving the needs of member housing finance institutions located in Illinois and Wisconsin. The FHLB Chicago's mission is to work in tandem with member financial institutions in promoting housing finance. By providing liquidity, funding, and asset-liability management capabilities to member institutions on a secured basis -- with minimal credit risk to the FHLB Chicago -- and by assisting members in providing affordable housing and economic development in their communities, the FHLB Chicago is a valuable as a lender of low-cost, short-and long-term funding, the FHLB Chicago offers its members products with maturities ranging from one day to 20 years at very competitive rates. These products take the form of fixed and adjustable rate loans, known as "advances," standby letters of credit, and off-balance sheet instruments. Advances may be customized to meet institutions' special funding needs, using a variety of interest rate indexes, maturities, amortization schedules, caps, floors, and collars. Read More »

Products & Services»
The Federal Home Loan Bank of Chicago has a wide variety of products and services designed to help our member banks better serve their customers.

Members»
Looking to become a member of the Federal Home Loan Bank of Chicago? Here you will find all the necessary information on how to join.

Publications»
Find The Federal Home Loan Bank of Chicago's Annual and Quarterly reports, the Community Investment Advisory Council Annual Reports, along with archived copies of the Chicago Balance Sheet - the quarterly member newsletter of the FHLB Chicago.


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