Benefits of FHLBank Membership Discussed

This story appeared in Bank Digest.

FHFA Acting Director Edward J. DeMarco discussed the benefits of Federal Home Loan Bank membership at the 2010 FHLBank Directors Conference in Washington, D.C., on April 28, 2010. According to DeMarco, the FHLBanks “provide members with reliable access to funding across the maturity spectrum.” He emphasized the importance of the FHFA and FHLBank common goal of “maintaining the value proposition of FHLBank membership.”