Towards , the latest Federal Property Money Institution (FHFA) provided a last rule setting up the fresh criteria to possess membership about Federal Financial Banks (FHLBanks)
The brand new FHLBanks try 11 You.S. government-backed financial institutions giving exchangeability to their players to help with casing financing and you will society investment. Subscription try governed from the Government Home loan Financial Work (the fresh new Act), and this claims that insurers, yet others, meet the criteria to have subscription.