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Federal home loan bank Atlanta. The FHLBank System was chartered by Congress in 1932, during the Great Depression. [1] It has a primary mission of providing member financial institutions with financial products/services which assist and enhance the financing of housing and community lending.
FHLBank Atlanta is one of 11 district Banks in the Federal Home Loan Bank System. Since 1990, the FHLBanks have awarded approximately $9.1 billion in Affordable Housing Program funds, assisting more than 1.2 million households. For more information, visit our website at www.fhlbatl.com.
ATLANTA, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today announced the results of the 2024 director election. The Bank conducted an election to fill the member directorships for North Carolina and Virginia, an independent directorship and a public interest independent directorship.
Auburn Bank is an American community bank providing services in the East of Alabama as a state registered bank. [2] The Bank offers financial products and services including checking, savings, and lending. [3] The bank is a member of the Federal Home Loan Bank of Atlanta (the “FHLB”). Its operation is regulated by the Alabama Superintendent ...
The Federal Housing Finance Board (FHFB) was created as an independent agency to take the place of the FHLBB, i.e. to oversee the 12 Federal Home Loan Banks (also called district banks) that represent the largest collective source of home mortgage and community credit in the United States.
FHA adjustable-rate mortgage: Also used to purchase a primary residence, an FHA adjustable-rate mortgage is a type of home loan with an interest rate that changes over time. ARMs begin with a ...