Thrifts and Mortgage Finance
Company Overview of Federal Home Loan Bank of Atlanta
Federal Home Loan Bank of Atlanta provides credit for residential mortgages and targeted community development. It offers credit products, including advances, such as daily rate credit, adjustable rate credit, and float-to-fixed advances; fixed rate credit, callable, expander, and principal reducing advances; and hybrid advances, convertible advances, and forward starting advances, as well as irrevocable standby letters of credit. The company also provides community investment services, including affordable housing program that offers funds in the form of a direct subsidy or a subsidized advance to members to support the financing of rental and for-sale housing for very low-, low-, and moder...
1475 Peachtree Street, NE
Atlanta, GA 30309
Founded in 1932
Key Executives for Federal Home Loan Bank of Atlanta
Chief Executive Officer and President
Chief Financial Officer and Executive Vice President
Chief Operations Officer and Executive Vice President
Chief Business Officer and Executive Vice President
Chief Credit Officer and Senior Vice President
Compensation as of Fiscal Year 2017.
Federal Home Loan Bank of Atlanta Key Developments
Federal Home Loan Bank of Atlanta Appoints Priscilla Howard as its Newest Member of the Affordable Housing Advisory Council
Jul 5 17
Federal Home Loan Bank of Atlanta announced that it has appointed Priscilla Howard as its newest member of the Affordable Housing Advisory Council. Priscilla Howard is president of The Community Solutions Group. Mrs. Howard previously served on FHLBank Atlanta's Affordable Housing Advisory Council from May 2010 through 2015.
Federal Home Loan Bank of Atlanta Declares A 4.77% Dividend for First Quarter 2017, Payable on June 6, 2017
May 25 17
Federal Home Loan Bank of Atlanta approved a first quarter 2017 cash dividend at an annualized rate of 4.77%. The dividend rate is 3.70 percentage points over the daily average three-month LIBOR yield for the first quarter of 2017. The dividend will be calculated on shareholders capital stock held during that period. The dividend will be credited to shareholders daily investment accounts at the close of business on June 6, 2017.
Federal Home Loan Bank of Atlanta Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2017
Apr 27 17
Federal Home Loan Bank of Atlanta announced unaudited earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported net interest expense of $202 million compared to net interest income of $93 million a year ago. Return on average assets was 0.21% compared to 0.15% a year ago. Return on average equity was 4.29% compared to 3.02% a year ago. The Bank reported net income of $75 million for the first quarter of 2017, an increase of $25 million from net income of $50 million for the first quarter of 2016. The increase in net income for the first quarter of 2017 was primarily attributable to an increase in interest rates. During the first quarter of 2017, net interest income decreased compared to the same period in 2016, primarily due to $302 million of accelerated amortization related to restructured advances that were prepaid prior to maturity.
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