Nicolet National Bank has grown from a local Green Bay startup to one of Wisconsin’s top banks with $8.6 billion in assets. Key to this growth has been its longstanding partnership with FHLBank Chicago. For over a decade, Nicolet has leveraged FHLBank Chicago’s MPF and community investment programs, providing with affordable paths to homeownership even in a challenging housing market.
With the MPF Traditional product, Nicolet can offer competitive rates without loan-level price adjustments, making loans more affordable for creditworthy borrowers. Nicolet has also taken advantage of FHLBank Chicago’s new MPF Traditional Conventional Housing Impact Pricing to make loan terms that are more within reach for low- and very low-income households.
Additionally, since 2013, Nicolet has provided more than $4 million in forgivable grants for down payments and closing costs to income-eligible borrowers through our Downpayment Plus Programs.