FHLBank Chicago is a member-owned cooperative established in 1932, serving as a bank for banks across Illinois and Wisconsin. It provides competitively priced funding, reasonable returns on investment, and support for community investment activities to over 650 member financial institutions. As a strategic partner, the organization operates within the financial services and housing finance sectors.
The cooperative's offerings include the Mortgage Partnership Finance (MPF) Program, a lending product designed to help member institutions manage risk, access capital markets, and support housing finance and community development. The organization's core mission centers on enabling its member institutions to fulfill their roles in local communities through reliable financial support and partnerships.
