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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.
Serves as the central hub for debt issuance, financial operations, risk management, data analysis, and strategic planning for the FHLBank System's consolidated obligations.
Located in a modern office building in the Dulles Technology Corridor, providing access to a skilled workforce and robust infrastructure necessary for financial operations.
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.
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.
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.
12010 Sunset Hills Road, Suite 700
Reston
Virginia
United States
No additional office locations available.
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As of April 2025, FHLBanks Office of Finance' leadership includes:
FHLBanks Office of Finance has been backed by several prominent investors over the years, including:
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.
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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
fhlb-of.com • May 9, 2024
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.com • April 11, 2024
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.com • February 15, 2024
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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