What Does Federal Home Loan Bank of Chicago Do?

Total employees649
HeadquartersChicago
Founded1932

The Federal Home Loan Bank of Chicago (FHLBC) is one of 11 Federal Home Loan Banks, a system created by the U.S. Congress in 1932. As a member-owned cooperative, FHLBC provides wholesale funding, liquidity, and other financial services to its member commercial banks, savings institutions, credit unions, insurance companies, and community development financial institutions in Illinois and Wisconsin. Its mission is to partner with these members to provide them with competitively priced funding, products, and services to support mortgage lending, economic development, and community investment.

Where Is Federal Home Loan Bank of Chicago's Headquarters?

HQ Function

The headquarters serves as the central operational hub for FHLBC, managing financial services, member relations, risk management, regulatory compliance, and strategic initiatives for its district.

Notable Features:

Located in a prominent high-rise in downtown Chicago (Aon Center), providing modern office space and facilities conducive to financial operations. Specific internal architectural details are proprietary.

Work Culture:

FHLBC promotes a mission-driven and collaborative work culture focused on serving its member institutions and communities. It emphasizes integrity, expertise, innovation, and diversity and inclusion, offering professional growth opportunities.

HQ Significance:

The headquarters is critical for the stability and liquidity of the housing finance market in Illinois and Wisconsin, directly supporting local lenders and contributing to regional economic development.

Values Reflected in HQ: The headquarters' operations and environment strive to embody FHLBC's core values: Partnership, Integrity, Respect, Excellence, and Accountability, fostering a trustworthy and service-oriented atmosphere.

Location:

The Federal Home Loan Bank of Chicago's operations are primarily domestic, focused on serving its member financial institutions within Illinois and Wisconsin. As a U.S. Government-Sponsored Enterprise, it does not have international branches or a direct global operational footprint in the traditional sense. Its influence is on the U.S. financial system, which is interconnected with global markets.

Street Address:

200 East Randolph Street, Suite 1800

City:

Chicago

State/Province:

Illinois

Country:

United States

Where Else Does Federal Home Loan Bank of Chicago Operate Around the World?

N/A

Address: N/A

Operations are centralized to efficiently serve the entire Illinois and Wisconsin district.

Buying Intent Signals for Federal Home Loan Bank of Chicago

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Federal Home Loan Bank of Chicago? Meet the Executive Team

As of April 2025, Federal Home Loan Bank of Chicago' leadership includes:

Michael Ericson - President and Chief Executive Officer
Katie L. Bell - Executive Vice President, Chief Financial Officer
Eldridge Davis - Executive Vice President, Chief Strategy and Innovation Officer
Donald L. Meyer - Executive Vice President, Chief Operating Officer
Luke J. Praefke - Executive Vice President, Chief Credit Officer
Baxter L. Bermann - Executive Vice President, Chief Risk Officer
John L. Stocchetti - Executive Vice President, General Counsel, Ethics Officer, and Corporate Secretary
Kelvin L. Jeremiah - Executive Vice President, Chief People and Culture Officer

Who's Investing in Federal Home Loan Bank of Chicago?

Federal Home Loan Bank of Chicago has been backed by several prominent investors over the years, including:

Member Financial Institutions (including commercial banks, savings institutions, credit unions, insurance companies, and community development financial institutions in Illinois and Wisconsin)

What Leadership Changes Has Federal Home Loan Bank of Chicago Seen Recently?

Hire2
Exits1

Over the past 12 months, the Federal Home Loan Bank of Chicago has experienced key leadership transitions, including the appointment of a new Chief Financial Officer and a new Chief People and Culture Officer, alongside a notable retirement.

Departures

Jeff K. Knezovich, Jeff K. Knezovich retired as EVP, Chief Financial Officer, concluding his tenure with the bank.

New Appointments:

Kelvin L. Jeremiah, Kelvin L. Jeremiah joined FHLBank Chicago as EVP, Chief People and Culture Officer.
Katie L. Bell, Katie L. Bell was appointed EVP, Chief Financial Officer, transitioning from her prior role as SVP, Chief Accounting Officer.

What Technology (Tech Stack) Is Used byFederal Home Loan Bank of Chicago?

Discover the tools Federal Home Loan Bank of Chicago uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Federal Home Loan Bank of Chicago Email Formats and Examples

The Federal Home Loan Bank of Chicago typically uses standard corporate email formats. The most common patterns are likely [first_initial][last]@fhlbc.com or [first].[last]@fhlbc.com.

[first_initial][last]@fhlbc.com or [first].[last]@fhlbc.com

Format

jdoe@fhlbc.com or john.doe@fhlbc.com

Example

85%

Success rate

What's the Latest News About Federal Home Loan Bank of Chicago?

fhlbc.comMay 1, 2024

FHLBank Chicago Announces First Quarter 2024 Financial Results and Dividend

The Federal Home Loan Bank of Chicago reported its unaudited financial results for Q1 2024, with net income of $221 million. The Board of Directors also declared a dividend at an annualized rate of 8.50%....more

fhlbc.comFebruary 29, 2024

Jeff K. Knezovich to Retire as Executive Vice President, Chief Financial Officer; Katie L. Bell Appointed Successor

FHLBank Chicago announced the retirement of Jeff K. Knezovich, EVP, CFO, effective Feb 29, 2024. Katie L. Bell, formerly SVP, Chief Accounting Officer, was appointed as his successor, effective March 1, 2024....more

fhlbc.comDecember 13, 2023

FHLBank Chicago Welcomes Kelvin L. Jeremiah as Chief People and Culture Officer

The Federal Home Loan Bank of Chicago announced the appointment of Kelvin L. Jeremiah as Executive Vice President, Chief People and Culture Officer, effective January 2, 2024....more

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