FHLBank Chicago is member-owned and member-focused. Find out how your financial institution can become a member and benefit from our valuable products, solutions, and services.


Given our access to the global debt markets, FHLBank Chicago members receive a strategic funding cost advantage and competitively priced products. These benefits include:

  • A reliable source of liquidity
  • Funding to meet business objectives and generate growth
  • Flexible funding structures to manage interest rate and other risks
  • Enhance investment yields through robust liquidity management
  • Support match-funding programs
  • Term funds with maturities of 10 years or longer
  • Access to the MPF® Program, FHLBank Chicago’s mortgage finance alternative
  • Community investment and affordable housing programs to finance your community lending at a lower marginal cost
  • Irrevocable letters of credit, providing a low-cost and efficient way to attract and secure agreements with third-parties
  • High-quality deposit and non-credit services


Manage your accounts, assets, and transactions in a secure and cost-effective way with our member services.

  • Daily Deposit Investment Accounts – simplify your cash management
  • Wire Transfers – all services here earn interest on collected funds, and are offered at competitive rates, exclusively for our members
    • Repetitive, Internal, Non-Repetitive, & Direct Wire transfers are offered, along with Drawdown Requests
  • Safekeeping – ensure your assets are protected with our many safekeeping services
    • Securities on deposit, income earned on securities, settlement of securities, with month-end market value & current value of each security included in monthly account statements