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Volume 17 - Number 9

May 5, 2017

Downloads Available: FHLBank Combined Operating Highlights: 1Q17

Federal Home Loan Bank Advances Decline by 6 Percent in 1Q17

The Federal Home Loan Bank System saw a 6 percent decline in advances during the first quarter of 2017. The FHLBank’s Office of Finance reported that advances, which stood at $660.7 billion, decreased from $705.2 billion in the previous quarter, primarily because there was less demand by the larger bank members. In fact, all of the banks witnessed a decrease in advances with the exception of two. The FHLBank of Indianapolis and FHLBank of Topeka both had a slight uptick in the volume of advances taken, growing from $28.0 million to $29.6 billion and $23.9 billion to $25.8 billion, respectively.

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What’s your opinion on how Mick Mulvaney has managed the CFPB since he took over three months ago?

He’s done a good job of paring back the agency’s excesses and we’d like to see more.


I hope he totally dismantles the agency and sends those functions back to the agencies hence they came.


Not bad, but he needs to take his time making additional changes.


We’re totally aghast. He’s gone way too far in protecting the rights of companies not consumers!