Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


August 04, 2015 6:25 PM ET

Diversified Financial Services

Company Overview of Federal Home Loan Banks

Company Overview

Federal Home Loan Banks provides credit for residential mortgages, community investments, and other services for housing and community development. The company provides financial products and services to its members and eligible non-members, including secured loans. Its services include correspondent banking services comprising security safekeeping, wire transfers, and settlements; cash management services; letters of credit; and derivative intermediation services. It has operations in 50 states, the District of Columbia, and the U.S. territories. Federal Home Loan Banks was founded in 1932 and is based in Washington, the District of Columbia.

2120 L Street NW

Suite 208

Washington, DC 20037

United States

Founded in 1932

2,930 Employees

Phone:

202-955-0002

Fax:

202-835-1144

Key Executives for Federal Home Loan Banks

Chief Executive Officer of FHLBank - Des Moines and President of FHLBank - Des Moines
Age: 65
Chief Executive Officer of Fhlbank of Topeka and President of Fhlbank of Topeka
Age: 59
Vice Chairman of the FHLBank Office of Finance, Chief Executive Officer of the FHLBank of San Francisco and President of the FHLBank of San Francisco
Age: 68
Chief Executive Officer of Fhlbanks Office of Finance
Age: 58
Chief Executive Officer of The FHLBank of Chicago, President of The FHLBank of Chicago and Chairman of Human Resources & Compensation Committee
Age: 61
Compensation as of Fiscal Year 2015.

Federal Home Loan Banks Key Developments

Federal Home Loan Banks Announces Unaudited Combined Financial Results for the Year Ended December 31, 2014

Federal Home Loan Banks announced unaudited combined financial results for the year ended December 31, 2014. For the year, the company reported total interest income of $8,032 million against $8,413 million a year ago. Net interest income was $3,522 million against $3,400 million a year ago. Net income was $2,245 million against $2,512 million a year ago. Net cash provided by operating activities was $3,049 million against $3,730 million a year ago. Net change in premises, software and equipment was $49 million against $75 million a year ago. Return on average equity was 4.93% against 5.85% a year ago. Return on average assets was 0.26% against 0.32% a year ago.

Federal Home Loan Banks Reports Unaudited Combined Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Federal Home Loan Banks reported unaudited combined earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net income of $627 million compared to $537 million a year ago. Net interest income was $866 million compared to $845 million a year ago. Net interest income after provision (reversal) for credit losses was $871 million compared to $848 million a year ago. For the nine months, the company reported net income of $1,696 million compared to $1,847 million a year ago. Net cash provided by operating activities was $2,484 million compared to $3,081 million a year ago. Investments in premises, software and equipment were $35 million compared to $54 million a year ago. Net interest income was $2,582 million compared to $2,527 million a year ago. Net interest income after provision (reversal) for credit losses was $2,602 million compared to $2,540 million a year ago. Return on average assets was 0.28%. Return on average equity was 5.39%. Net interest margin was 0.39%.

Federal Home Loan Banks Presents at 3rd Annual InvestMNt Conference, Aug-06-2014 12:45 PM

Federal Home Loan Banks Presents at 3rd Annual InvestMNt Conference, Aug-06-2014 12:45 PM. Venue: University of St. Thomas Corporate Room Block, 1101 LaSalle Avenue, Minneapolis, MN 55403, United States.

Similar Private Companies By Industry

Company Name Region
Pentagon Federal Credit Union United States
Winston-Salem City Employees' Credit Union United States
UPS Capital Corporation United States
Ashoka Credit Union United States
Rosedale First National Corporation United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 25, 2014
Federal Home Loan Bank of Seattle
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Federal Home Loan Banks, please visit www.fhlbanks.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.