News

FHLBank Topeka (FHLBank) is reporting net income of $46.0 million computed in accordance with U.S. generally accepted accounting principles (GAAP) for the quarter ended December 31, 2020 compared to $52.3 million for the quarter ended December 31, 2019.

In observance of Presidents' Day, the MPF Program will not accept Delivery Commitments or Fundings on Monday, February 15, 2021.

The 2021 Homeownership Set-aside Program (HSP) is set to open on March 1, and FHLBank has important information to share with you.

In observance of Martin Luther King Day, the MPF Program will not accept Delivery Commitments or Fundings on Monday, January 18, 2021.

FHLBank Topeka's board of directors approved $13.4 million in affordable housing grants.

The board of directors approved fourth quarter dividends for both the membership capital stock (Class A) and activity-based capital stock (Class B).

In observance of Christmas and New Year's Day, FHLBank Topeka will be closed Friday, Dec. 25, 2020 and Friday, Jan. 1, 2021. Below are the holiday guidelines for our Advances and MPF® Program products.

In writing this message, I looked back at what I shared with you in my pre-pandemic first quarter message of 2020. The message was hopeful and grateful.

Starting Jan. 22, 2021, we will add an activity-based stock requirement for Letters of Credit. The new requirement will be equal to 0.25% of your outstanding balance of Letters of Credit.

FHLBank Topeka is pleased to announce the results of the 2020 Member and Independent Director Election. Elections for Member Directorships were conducted in Colorado and Kansas and elections for one Public Interest Independent Directorship and one Independent Directorship were conducted district-wide.

In observance of Thanksgiving, FHLBank Topeka will be closed Thursday, Nov. 26, 2020. Below are the holiday guidelines for our Advances and MPF^® Program products.

The Office of Finance is announcing the publication of the Third Quarter 2020 Combined Financial Report of the Federal Home Loan Banks (FHLBanks).

We recently announced some changes as a result of a comprehensive review of our products and pricing methodology. This message will share more details on the changes related to our Line of Credit (LOC) product.

FHLBank Topeka filed its 2020 third quarter 10-Q with the Securities and Exchange Commission today.

In observance of Veterans Day, the MPF Program will not accept Delivery Commitments or Fundings on Wednesday, November 11, 2020.

We need your help to identify affordable housing and community lending industry leaders to serve on our Affordable Housing Advisory Council.

On Friday, we shared a summary of some product changes occurring in the coming months.

The Office of Finance is announcing the publication of the Third Quarter 2020 Combined Financial Report of the Federal Home Loan Banks (FHLBanks).

We recently completed a comprehensive review of our products and pricing methodology.

FHLBank Topeka (FHLBank) is reporting net income computed in accordance with U.S. generally accepted accounting principles (GAAP) of $40.0 million for the three months ended September 30, 2020

Many of you suggested in our recent member experience survey that we streamline our letter of credit process. 

In observance of Columbus Day the Lending Desk will be closed on Monday, October 12, 2020. The Lending Desk will NOT be limiting funds on Friday, October 9, 2020. 

FHLBank Topeka’s board of directors recently approved an adjustment to our temporary COVID-19 underwriting guidelines within the Member Products and Services Guide.

The board of directors approved the following third quarter dividends for both the membership capital stock (Class A) and activity-based capital stock (Class B) at its September 23, 2020, meeting: 

Our regulator, the Federal Housing Finance Agency, granted a non-objection letter on Aug. 28. The letter temporarily suspends Affordable Housing Program (AHP) Household Income Limits for Rental Projects Housing Individuals/Households displaced by recent wildfires, hurricanes and tropical storms.
 

Holiday Guidelines for Advances and the MPF Program.

The Office of Finance is announcing the publication of the Second Quarter 2020 Combined Financial Report of the Federal Home Loan Banks

FHLBank Topeka filed its 2020 second quarter 10-Q with the Securities and Exchange Commission today.

It is hard for me to believe that we are in the fifth month of the COVID-19 pandemic.

FHLBank Topeka (FHLBank) is reporting net income computed in accordance with U.S. generally accepted accounting principles (GAAP) of $20.2 million for the three months ended June 30, 2020 compared to $31.7 million for the three months ended June
30, 2019.

Since we launched the Mortgage Partnership Finance® (MPF®) Program 20 years ago, it has continued to grow in popularity with our members. As a result, our MPF mortgage loan portfolio has grown significantly to more than 20% of our total assets as of June 30, 2020, prompting us to take steps recently to limit the MPF portfolio’s size.

Wil Osborn, chief financial officer, announced his intention to leave FHLBank Topeka on July 10, 2020.

Holiday guidelines for advances the MPF Program.

FHLBank is pleased to announce that Jeffrey R. Noordhoek has been elected to FHLBank’s Board of Directors as an Independent Director

The Federal Home Loan Banks share in the deep grief and anger felt throughout our communities over racial injustice and the structures that foster such inequality against Black Americans. The 11 FHLBanks are aligned in our commitment to promote diversity and inclusion.

At its recent meeting, FHLBank Topeka’s board of directors approved changes to its Member Products Policy. Details are available in the online Member Products and Services Guide (MPSG). Policy changes are effective immediately. One of the changes introduced the new adjustable rate advance product tied to the Secured Overnight Financing Rate (SOFR).

The board of directors approved the following second quarter dividends for both the activity-based capital stock (Class B) and membership capital stock (Class A) at its June 19, 2020, meeting:

Throughout the past few months, I have gained an even greater appreciation for what you, our members, do to support your communities and keep our nation moving forward.

The Office of Finance is announcing the publication of the First Quarter 2020 Combined Financial Report of the Federal Home Loan Banks (FHLBanks).