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About Federal Home Loan Bank of Chicago
The Federal Home Loan Bank of Chicago (FHLBank Chicago) is a wholesale bank and government-sponsored enterprise that supports mortgage lending and community investment. It offers liquidity solutions, asset liability management, and secondary mortgage market programs to over 760 member institutions in Illinois and Wisconsin, including banks, credit unions, and insurance companies[1][2]. FHLBank Chicago also provides grants and discounted advances for affordable housing and economic development[3]. Its unique selling proposition is providing reliable, low-cost funding to support housing finance and community development initiatives, enhancing its members' ability to serve local communities effectively[1][3].
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