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2021 Community Support Statements

FHFA Community Support Statements are due no later than October 29, 2021. We are encouraging members to complete this as soon as possible to avoid being placed in restricted status. Emails are being sent to contacts containing instructions for completing the statements.

 
 

News

 

Find the latest FHLBank Topeka news communication.
 
An update on LIBOR-indexed collateral reporting changes September 20, 2021

As the industry continues to prepare for the cessation of the publication of London Interbank Offered Rate (LIBOR), we want to keep our members informed on potential impacts and updates to LIBOR-indexed collateral.
 

As you are aware, FHLBank Topeka began collecting information regarding LIBOR-indexed loan collateral pledged to FHLBank that matures after 2021 from blanket-pledge members through the enhanced Qualifying Collateral Determination (QCD) Form during the September 30, 2020 reporting period.
 

The QCD form has been enhanced for the upcoming September 30, 2021, reporting period to accommodate unique lending values for LIBOR-indexed loan collateral should market conditions warrant such action. Most members are not currently pledging LIBOR-indexed loans. For those who have recently pledged these loans, we plan to send follow-up communication later this month with more detailed instructions on the related enhancements to the QCD form.
 

We understand that our request for ongoing information regarding LIBOR-linked loan collateral pledged to FHLBank is not without its challenges. We remain committed to assisting you with these challenges. On Oct. 20, 2021, our Chief Financial Officer Jeff Kuzbel will host a webinar about the LIBOR transition. In the session, Jeff will recap the three stages of the transition and highlight what institutions should think about during the final stage of the process. Registration is now open>>>
 

We value your membership and look forward to continuing to provide you access to an array of flexible funding options for mortgage lending, liquidity, asset/liability management and community investment.

 

If you have any questions about LIBOR-linked collateral, please contact Tom Bliss, Vice President and Director of Credit Administration, Kylie Mergen, Vice President and Director of Financial Services, or Elaine Shumaker, Assistant Vice President and Manager of Financial Services, at 877.933.7803.
 


Media Contacts


Tamara Taylor, 785.478.8157

VP, Director of Communications


Julie DeVader, 785.478.8155
FVP, Director of Marketing and Member Experience

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Address:

500 SW Wanamaker Road
Topeka, KS 66606

Phone:

785.233.0507

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