The federal Home Loan bank (FHLB) System is a government-sponsored enterprise created by Congress in 1932 to support the mortgage lending activities of community-based financial institutions. The FHLB System is composed of Connecticut installment loans 11 regional banking institutions over the Us, each of which is owned by its member financial institutions. These banks provide low-cost capital to their members in the form of advances, which can be used to support the financing needs of their customers.Continue reading →