FHLB focused on the future
Published by: Sean Brown
October 19, 2022 | Regulatory
Access to fair and affordable liquidity resources are essential to ensuring that credit unions can continue serving members, regardless of the economic climate. With the economy unpredictably responding to pandemic-related impacts, ensuring credit unions have access to resources, like those provided by the Federal Home Loan Bank (FHLB), is vital to their portfolio management. To meet the Federal Housing Finance Agency’s (FHFA) codified review deadline, the FHLB system embarked on a listening tour and accepted written comments on several operational considerations, including the value of its products, services, and member resources and suggestions on how to strengthen the FHLB system. The League participated in the comment process, advocating for fair and equal credit union participation, the continuation of affordable liquidity access, and ways to foster inclusive governance that accommodates all FHLB system members. By working together, FHFA, the FHLB System, and Ohio credit unions can improve, grow, and remain successful for its members and the services they need.
Contact Sean Brown for questions or assistance.