Why Federal Home Loan Banks Matter
Federal Home Loan Bank members are everywhere, and the unique cooperative nature of the Federal Home Loan Banks allows those members to build, sustain and nurture communities throughout America.
Without access to Federal Home Loan Bank advances, most members would find it difficult to support lending within their community. Everywhere across the country, financial institutions must make decisions every day about how to fund a mortgage loan to a family looking to buy their first home or a small business loan to a customer who wants to expand and create more jobs in the community. By harnessing the collective power of its members and the 12 Banks, the Federal Home Loan Bank System brings the debt markets to Main Street America. Financial institutions know that they can rely on the Federal Home Loan Banks as a stable source of funds through all manner of credit cycles. The current credit crisis illustrates the importance of the Federal Home Loan Banks, as they have increased their advances while other sources of funding have dried up.
© , Council of Federal Home Loan Banks