New Repayment Process


New Repayment Process
November 8, 2018 Effective February 1, 2019, the Federal Home Loan Bank of Chicago (FHLBank Chicago) will no longer accept physical checks for Affordable Housing Program (AHP) repayments. Instead, repayments will be drafted from members' Daily Investment Deposit (DID) accounts after submission of a repayment worksheet. Checks received by the FHLBank Chicago will be returned to the member. An updated repayment worksheet will be published on the FHLBank Chicago's website prior to February 1. Please contact Community Investment at 312-565-5824 or ci@fhlbc.com with any questions.
Federal Home Loan Bank of Chicago
200 East Randolph Drive Chicago, IL 60601 www.fhlbc.com	Copyright © 2018, Federal Home Loan Bank of Chicago.
This advisory 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. We assume no obligation to update any forward-looking statements made in this advisory.