INDIANAPOLIS, Oct. 28, 2026 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of Indianapolis ("FHLBank Indianapolis" or "Bank") this week announced the results of the election of one Indiana Member Director, one Michigan Member Director, and one Independent Director to its Board of Directors ("Board"). The following individuals were elected to the Board and will each serve four-year terms beginning Jan. 1, 2027.
The Indiana Member Director is:
The Michigan Member Director is:
The Independent Director is:
Annually, the Director of the Federal Housing Finance Agency determines the size of the Board and designates at least a majority, but no more than 60%, of the directorships as member directorships and the remainder as independent directorships. Independent Directors are nominated by the Board after consultation with the Bank's Affordable Housing Advisory Council and the Federal Housing Finance Agency.
Media Contact:
For more information, contact Jeff Mills, SVP, Chief Legal, Corporate and Community Affairs Officer at jmills@fhlbi.com.
Building Partnerships. Serving Communities.
FHLBank Indianapolis is a regional bank included in the Federal Home Loan Bank System. FHLBanks are government-sponsored enterprises created by Congress to provide access to low-cost funding for their member financial institutions, with particular attention paid to providing solutions that support the housing and small business needs of members' customers. FHLBanks are privately capitalized and funded, and receive no Congressional appropriations. FHLBank Indianapolis is owned by its Indiana and Michigan financial institution members, including commercial banks, credit unions, insurance companies, savings institutions and community development financial institutions.
For more information about FHLBank Indianapolis, visit www.fhlbi.com. Also, follow the Bank on LinkedIn, as well as Instagram and X at @FHLBankIndy. Please note that content the Bank shares on its website and social media is not incorporated by reference into any of its filings with the SEC unless, and only to the extent that, a filing by the Bank with the SEC expressly provides to the contrary.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0a1e2058-3ce0-4fb3-801f-4ce7bd5502e5