When autocomplete results are available use up and down arrows to review and enter to select.
The Federal Housing Finance Agency should defer to the Federal Home Loan Banks when it comes to the leadership of each bank, ICBA said.
Details: In a comment letter, ICBA cautioned the FHFA against being overly prescriptive or undermining FHLB authority to effectively populate their boards. ICBA also said that community banks should continue to have a seat at the table regarding FHLB governance.
ICBA View: ICBA has repeatedly noted that the FHLB System has worked well for over 90 years, providing community banks with liquidity to fund mortgage lending and community development projects.
Ongoing Advocacy: ICBA is working to ensure the system remains a strong, stable, and reliable source of funding based on a regional and cooperative structure that best addresses the diverse needs of its members and the local markets they serve.