Federal Home Loan Bank of Chicago | Member eNewsletter | May 2011

In this Issue
> Reminder: Updated Collateral Guidelines Take Effect June 30
> FHLB Chicago Declared Cash Dividend
> Announcing New Advance Product
> Look for the New MPF Program Ads
> $10 Million Still Available for DPP
> AHP Application Available Tomorrow
> Register Today for Next Week's Summer Meetings

  
Reminder: Updated Collateral Guidelines Take Effect June 30

The FHLB Chicago’s plans to expand members’ collateral capacity and simplify collateral reporting will be implemented soon. The updated Collateral Guidelines take effect June 30, 2011—and so do the benefits.

What are the benefits? Plus, upcoming webinars.
 
FHLB Chicago Declared Cash Dividend

The Board of Directors of the FHLB Chicago declared a cash dividend at an annualized rate of 0.10% per share, based on the Bank’s financial results for the first quarter of 2011. 

Read the short letter from FHLB Chicago President Matt Feldman.
 
Announcing New Advance Product

Members who use short-term floating-rate products and prefer to use the actual Federal Funds effective rate can now use the FHLB Chicago’s newest advance, called the Market Fed Effective Daily Floating Rate Advance (A016).

When to use this new advance.
 
Look for the New MPF Program Ads

As part of its new marketing strategy, the MPF Program is advertising in national business publications.

See the ad.
 
$10 Million Still Available for DPP

Funds are available in both Illinois and Wisconsin!

Contact the administrator in your state to reserve funds for your borrowers.
 
AHP Application Available Tomorrow

Four important things to know about the competitive Affordable Housing Program (AHP) this year.

Register today for a June training session.
 




  CALENDAR
Register Today for Next Week's Summer Meetings

There's still time to register for the summer regional meetings on June 7, 8, 9. Plus, we look forward to seeing our members in southern Illinois tomorrow and Thursday!

Click here if you need to register.



 
 

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LINKS

www.fhlbc.com

www.fhlbmpf.com

 

Previous Editions
04/29/11
04/29/11
03/31/11
02/28/11
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Copyright 2011, Federal Home Loan Bank of Chicago. "Mortgage Partnership Finance," "MPF," "MPF Xtra," and "eMPF" are registered trademarks of the Federal Home Loan Bank of Chicago. The "MPF Mortgage Partnership Finance" logo is a trademark of the Federal Home Loan Bank of Chicago. 



This newsletter contains forward-looking statements which are based upon our current expectations and speak only as of the date hereof. These statements may use forward-looking terms, such as "anticipates," "believes," "expects," "could," "plans," "estimates," "may," "should," "will" or their negatives or other variations on these terms.We caution that, by their nature, forward-looking statements involve risk or uncertainty, that actual results could differ materially from those expressed or implied in these forward-looking statements, and that actual events could affect the extent to which a particular objective, projection, estimate, or prediction is realized. These forward-looking statements involve risks and uncertainties including, but not limited to, the risk factors set forth in our periodic filings with the Securities and Exchange Commission, which are available on our website at www.fhlbc.com.