The Federal Home Loan Bank of Boston (FHLBB) is a cooperative wholesale bank that provides funding and financial services to member institutions across New England. Owned by more than 420 member institutions - including banks, credit unions, insurance companies, and community development financial institutions - it has operated for over 90 years. Each year, it provides tens of billions of dollars in funding to support housing and community finance in the region.
FHLBB's core offerings include advances at competitive rates, mortgage partnership finance programs, letters of credit, and correspondent services. These products are designed to help member institutions access reliable wholesale funding. The bank also administers Housing and Economic Growth initiatives aimed at supporting community development throughout New England.
Technology roles at FHLBB support the infrastructure behind these financial products and services. The organization describes its culture as innovative and collaborative, with a stated commitment to strengthening New England communities.
