Organization: Federal Home Loan Bank of Chicago
LEI TTB80JG2E5GBV4FLOX08

Federal Home Loan Bank of Chicago provides credit to members principally in the form of secured loans in the states of Illinois and Wisconsin, the United States. It offers various fixed-and adjustable-rate advances, such as fixed-rate, variable-rate, putable, callable, open-line, fixed amortizing, and fixed rate with floating spread advances. The company also provides deposit products, including demand, overnight, and term deposits; and letters of credit to facilitate residential housing finance and community lending, as well as for liquidity and asset-liability management purposes. In addition, it offers liquidity for home mortgage loans to members approved as participating financial institutions through the Mortgage Partnership Finance program. Further, the company provides safekeeping, wire transfers, and cash management services; maintains a portfolio of investments for liquidity purposes; engages in derivative activities; and offers financing and direct funding tools. Its members include federally-insured depository institutions and insurance companies involved in residential housing finance, credit unions, and community development financial institutions. The company is based in Chicago, Illinois. Federal Home Loan Bank of Chicago is a subsidiary of Federal Home Loan Banks.