What Does FHLBanks Office of Finance Do?

Total employees132
HeadquartersReston
FoundedN/A

The Federal Home Loan Banks (FHLBanks) Office of Finance is the fiscal agent for the FHLBank System. Established under the Federal Home Loan Bank Act, its primary role is to issue and service consolidated obligations (debt securities) on behalf of the 11 FHLBanks. The funds raised through these securities provide the FHLBanks with the liquidity they need to offer financial products and services to their member financial institutions, which in turn support housing finance and community development across the United States. The Office of Finance plays a critical role in connecting the FHLBank System to global capital markets, ensuring a reliable source of funding.

Where Is FHLBanks Office of Finance's Headquarters?

HQ Function

Serves as the central hub for debt issuance, financial operations, risk management, data analysis, and strategic planning for the FHLBank System's consolidated obligations.

Notable Features:

Located in a modern office building in the Dulles Technology Corridor, providing access to a skilled workforce and robust infrastructure necessary for financial operations.

Work Culture:

Characterized by a professional, analytical, and mission-driven environment. Employees are typically experts in finance, capital markets, risk management, and technology, focused on precision and collaboration to support the FHLBank System.

HQ Significance:

The headquarters is the nerve center for the FHLBank System's access to global capital markets, facilitating billions of dollars in funding annually. Its operations are vital for the liquidity and stability of its member banks and the broader U.S. housing finance system.

Values Reflected in HQ: The headquarters' operations reflect values of integrity, stability, fiscal responsibility, and service to the FHLBank System and its mission.

Location:

The FHLBanks - Office of Finance's direct operations are based in the United States, serving the domestic FHLBank System. However, its influence is global as it issues debt securities (consolidated obligations) that are marketed and sold to a diverse range of domestic and international investors, including central banks, commercial banks, insurance companies, and asset managers worldwide. This activity connects the U.S. housing finance system to global capital markets.

Street Address:

12010 Sunset Hills Road, Suite 700

City:

Reston

State/Province:

Virginia

Country:

United States

Where Else Does FHLBanks Office of Finance Operate Around the World?

No additional office locations available.

Buying Intent Signals for FHLBanks Office of Finance

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 FHLBanks Office of Finance? Meet the Executive Team

As of April 2025, FHLBanks Office of Finance' leadership includes:

Kelvin M. Smith - President and Chief Executive Officer
Jamie F. L. Dulaney - Executive Vice President, Chief Financial and Operations Officer
Jeffrey S. Croke - Executive Vice President, Chief Risk and Strategy Officer
Paul N. Edelman - Executive Vice President, Chief Legal Officer and General Counsel
Sudha Krishnan - Senior Vice President, Chief Technology Officer

Who's Investing in FHLBanks Office of Finance?

FHLBanks Office of Finance has been backed by several prominent investors over the years, including:

The FHLBanks Office of Finance does not have traditional equity investors as it is a part of the FHLBank System. Its debt securities, known as consolidated obligations, are purchased by a wide range of institutional investors globally, including:
Commercial banks
Central banks and governmental institutions
Insurance companies
Pension funds
Asset managers
Money market funds
The 11 Federal Home Loan Banks are its member-owners: FHLBank Atlanta, FHLBank Boston, FHLBank Chicago, FHLBank Cincinnati, FHLBank Dallas, FHLBank Des Moines, FHLBank Indianapolis, FHLBank New York, FHLBank Pittsburgh, FHLBank San Francisco, FHLBank Topeka.

What Leadership Changes Has FHLBanks Office of Finance Seen Recently?

Hire0
Exits0

Based on publicly available information, there have been no major, publicly announced new hires or exits at the highest executive officer level (President/CEO, EVP) for the FHLBanks - Office of Finance in the last 12 months. The leadership team appears stable.

What Technology (Tech Stack) Is Used byFHLBanks Office of Finance?

Discover the tools FHLBanks Office of Finance uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

FHLBanks Office of Finance Email Formats and Examples

The FHLBanks - Office of Finance likely uses common professional email formats. Based on industry standards and observed patterns for similar organizations, the most probable format is first initial followed by last name.

flast@fhlb-of.com (e.g., jdoe@fhlb-of.com) or first.last@fhlb-of.com (e.g. jane.doe@fhlb-of.com)

Format

ksmith@fhlb-of.com (example for Kelvin Smith, President and CEO)

Example

80%

Success rate

What's the Latest News About FHLBanks Office of Finance?

fhlb-of.comMay 9, 2024

FHLBanks - Office of Finance Releases Q1 2024 FHLBank System Combined Financial Report

The Federal Home Loan Banks' Office of Finance released the unaudited first quarter 2024 Combined Financial Report for the FHLBank System. The report detailed net income of $2.0 billion for the quarter and highlighted the System's continued role in providing liquidity to its members to support housing and community development....more

fhlb-of.comApril 11, 2024

FHLBanks - Office of Finance Publishes March 2024 Monthly New Business Volume Data

The Office of Finance published the FHLBank System's new business volume data for March 2024, showing $363.2 billion in consolidated obligations issued during the month, with a net increase of $82.5 billion. This data reflects the ongoing funding activities supporting member institutions....more

fhlb-of.comFebruary 15, 2024

FHLBank System Full-Year 2023 Financial Results Announced

The FHLBanks Office of Finance announced the combined financial results for the FHLBank System for the year ended December 31, 2023. The System reported net income of $7.5 billion for 2023, underscoring its financial strength and stability in serving its members and communities....more

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