Federal Home Loan Bank of Chicago
Mike Palumbo is a seasoned professional with extensive experience in bank operations, currently serving as Vice President and Director of Bank Operations at the Federal Home Loan Bank of Chicago since January 2011. Responsibilities include modernizing operational technology, overseeing member support teams, and acting as the Bank's OFAC Officer, focusing on compliance and training. Previous roles encompass senior management positions where Mike managed substantial financial portfolios and led the development of critical operational tools to enhance efficiency. With a strong educational background, including an MBA from Miami University, Mike holds certifications in financial products and a Six Sigma Yellow Belt, reflecting a commitment to continuous improvement and operational excellence.
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Federal Home Loan Bank of Chicago
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Our Mission: To partner with our members in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment in the Bank, and support for their community investment activities.