News

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:

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

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.

Advances will be limited to 90 days or less after noon on Friday, May 22. 

FHLBank Topeka filed its 2020 first quarter 10-Q with the Securities and Exchange Commission today. FHLBank released its operating results previously to members on April 29, 2020.

As your cooperative, our goal is to help you continue to serve your community throughout this crisis as efficiently as possible.

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

FHLBank Topeka (FHLBank) is reporting net income computed in accordance with U.S. generally accepted accounting principles (GAAP) of $11.8 million for the three months ended March 31, 2020

As you are aware, FHLBank Topeka and the Federal Reserve Bank of Kansas City entered into an agreement that allows members to freely pledge Paycheck Protection Program (PPP) loans

To assist our members and housing associates with their funding needs related to the COVID-19 pandemic, FHLBank Topeka is making available a special advance offering

As was noted on April 10, FHLBank Topeka has been actively working with the Federal Reserve on developing an efficient approach to allow our members to pledge their newly created Paycheck Protection Program (PPP) loans to the Federal Reserve Bank of Kansas City.

The federal banking agencies jointly issued a final rule that provides for an optional, simplified measure of capital adequacy, the community bank leverage ratio framework, for qualifying community banking organizations.

We know many of you are being flooded with requests for Paycheck Protection Program (PPP) loans from small businesses in your community.

Advances will be limited to three months or less after noon on Thursday, April 9, and all day Friday, April 10, 2020. 

The Office of Finance is announcing the publication of the 2019 Combined Financial Report of the Federal Home Loan Banks (FHLBanks). This report has been prepared from the financial information of the FHLBanks.

FHLBank Topeka is committed to supporting the funding needs of our members. We recognize that many of you are assisting borrowers affected by the COVID-19 pandemic by offering loan modification and payment forbearance options.

The board of directors approved the following first quarter dividends for both the activity-based capital stock (Class B) and membership capital stock (Class A) at its March 20, 2020, meeting: