FHLBank Topeka - NEWS & EVENTS - Newsroom

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

Newsroom - 2007

Newsroom - 2006

Events Calendar

HOME > NEWS & EVENTS > Newsroom - 2008 > FHLBanks Chicago and Dallas Announce Cessation of Merger Discussions

FHLBanks Chicago and Dallas Announce Cessation of Merger Discussions

Today, the Federal Home Loan Banks of Chicago and Dallas announced the termination of merger discussions.

This announcement marks the conclusion of ongoing discussions between the two FHLBanks that were first disclosed in August 2007. Going forward, the Banks will continue providing liquidity and other services to members, supported by the issuance of consolidated obligations that are the joint and several liability of the FHLBank System. The FHLBanks of Chicago and Dallas have each posted statements on their respective web sites (www.fhlbc.com and www.fhlb.com). SEC filings can also be obtained via the EDGAR database.

The Federal Home Loan Bank of Chicago also announced that Mike Thomas, president and CEO, has decided to leave his position with the Bank, effective April 11, 2008. Until a successor is named, Matthew R. Feldman, executive vice president, Operations and Administration of FHLBank Chicago, will serve as acting president.

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.