The League has joined America’s Credit Unions and other state leagues to contribute comments on the Federal Housing Finance Agency’s (FHFA) Request for Input regarding the core mission activities of the Federal Home Loan Banks (FHLBs). The collective input stresses concerns about potential changes that could adversely impact credit unions, particularly regarding liquidity and innovative financial offerings. This feedback underscores the critical role that FHLB plays in providing liquidity and supporting community development, which is vital for the continuity and effectiveness of credit unions in serving their communities.
For a full view of our collective comments, read the entire statement below!
