Federal Home Loan Bank of Chicago

E99756

The Federal Home Loan Bank of Chicago is a regional wholesale bank in the Federal Home Loan Bank System that provides liquidity, funding, and financial services to member financial institutions in Illinois and Wisconsin to support housing finance and community investment.


Statements (46)
Predicate Object
instanceOf Federal Home Loan Bank
government-sponsored enterprise
regional wholesale bank
capitalStructure capital stock held by member institutions
clientType member financial institutions
country United States
doesNotServe retail consumers directly
establishedUnder Federal Home Loan Bank Act
foundedBy United States federal government NERFINISHED
fundingModel issues consolidated obligations through the Federal Home Loan Bank System
hasMemberType commercial banks
community development financial institutions
credit unions
insurance companies
savings institutions
hasProgram Affordable Housing Program
Community Investment Program
Downpayment Plus Program
Mortgage Partnership Finance program
hasScope district covering Illinois and Wisconsin
headquartersLocation Chicago, Illinois
industry community investment
financial services
housing finance
legalStatus government-sponsored enterprise of the United States
memberOf Federal Home Loan Bank System
ownershipStructure cooperatively owned by member institutions
partOf Federal Home Loan Bank System
primaryRole act as a reliable source of liquidity in all economic cycles
provide stable, low-cost funding to members
purpose provide funding to member financial institutions
provide liquidity to member financial institutions
support community investment
support housing finance
regionServed Midwestern United States NERFINISHED
regulator Federal Housing Finance Agency
serves Illinois
Wisconsin
serviceType advances
community investment programs
letters of credit
mortgage purchase programs
supervisingAuthority Federal Housing Finance Agency
supports affordable housing initiatives
economic development projects in member communities
typeOfBank wholesale bank

Referenced by (3)
Subject (surface form when different) Predicate
Federal Home Loan Bank System
hasPart
Federal Home Loan Bank of Indianapolis ("Seventh District of the Federal Home Loan Bank System")
hasServiceArea
Federal Home Loan Bank Board
supervised

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