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FHLBank Topeka's Independent Director Election Results Changes to FHLBank Topeka's Member Products Policy FHLBank Topeka Declares 4th Quarter Dividend FHLBank Holiday Transaction Guidelines Office of Finance Publishes the FHLBanks' Third Quarter 2008 Combined Financial Report FHLBank Topeka Board Election Results for Member Directors Office of Finance Announces Third Quarter 2008 Combined Operating Highlights FHLBank Thanksgiving Day Transaction Guidelines FHLBank Topeka Files Third Quarter 10-Q with SEC FHLBank Line of Credit Paydowns Now Available Online FDIC Proposed Increase to Deposit Insurance Premiums Secondary Mortgage Operations Conference Wrap Up Changes to FHLBank Topeka's Member Products Policy FHLBank Topeka Declares 3rd Quarter Dividend Letter to FHLBank Members Regarding U.S. Treasury Announcement FHLBank Topeka Files Second Quarter 2008 10-Q with the SEC Issuance of Second Quarter Preliminary FHLBanks Combined Operating Highlights FHLBank Offering Disaster Relief to Kansas and Oklahoma Members Changes to FHLBank Topeka's Member Products Policy FHLBank Offering Disaster Relief Advances to Nebraska Members FHLBank Topeka Declares 2nd Quarter Dividend FHLBank Offering Disaster Relief Advances to Nebraska Members FHLBank Offering Disaster Relief Advances to Colorado Members FHLBank Topeka Announces First Quarter Results and Files First Quarter 10-Q FHLBank Offering Disaster Relief Advances to Oklahoma Members FHLBank Topeka Maintains Commitment to the MPF^® Program FHLBanks Chicago and Dallas Announce Cessation of Merger Discussions FHLBank Announces 2007 Financial Results Changes to FHLBank Topeka's Member Products Policy FHLBank Topeka Files 2007 Form 10-K FHLBank Topeka Declares 1st Quarter Dividend Good Friday Advance and MPF Guidelines FHLBank Offering Disaster Relief Advances to Nebraska Members FHLBank Rural First-time Homebuyer and Targeted Ownership Programs FHLBank Offering Disaster Relief Advances to 60 Kansas Counties

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HOME > NEWS & EVENTS > Newsroom - 2008 > FHLBank Topeka Declares 2nd Quarter Dividend

FHLBank Topeka Declares 2nd Quarter Dividend

We are pleased to announce that FHLBank Topeka’s board of directors approved the following dividends for the second quarter of 2008 at its June 24, 2008, meeting:

Class A Common Stock: 1.75 percent (per annum)
Class B Common Stock: 4.75 percent (per annum)

The dividends are payable in the form of Class B Common Stock and will be credited to your institution’s capital stock account on June 30, 2008. Any partial shares will be paid in cash and credited to your institution’s demand deposit account on that date as well.

Management currently expects to recommend stock dividends for the third quarter of 2008 on Class A and Class B Common Stock at rates similar to the second quarter’s dividend rates relative to the average overnight Federal fund effective rate.

If you have any questions related to the dividend, please contact Member Services at 800.809.2733.

This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements describing the objectives, projections, estimates or future predictions of the FHLBank's operations. These statements may be identified by the use of forward-looking terminology such as anticipates, believes, could, estimate, may, should and will, or other variations on these terms. The FHLBank's actual results may differ materially from those expressed in any forward-looking statements as a result of many factors and uncertainties including, but not limited to: the effects of SFAS 133 accounting treatment and other accounting rule requirements, changes in the regulatory requirements of the Federal Housing Finance Board, the FHLBank's ability to pay dividends out of retained earnings, changes in interest rates, changes in projected business volumes, the FHLBank's cost of funding, changes in the FHLBank's membership profile, the withdrawal of one or more large members, shifts in demand for FHLBank products, and general economic conditions.