The Federal Home Loan Bank System is suffering from a public image problem. It doesn’t have much of one and what the public, and more importantly policymakers, don’t know about the 12 regional FHLBanks and/or their 7,600 member owners could hurt them, according to the American Bankers Association. The problem for the FHLBanks the trade group noted in its most recent edition of ABA Federal Home Loan Bank Member Insights is that the low profile which has served the Bank system so well in the past has become a “sizable policy risk” as relatively few people who will be directing housing finance reform know or understand just what the FHLBanks do.