Located in Reston, Virginia, a suburb of Washington, D.C., the Office of Finance (OF) is operated on behalf of the 11 regional FHLBanks. Its primary function is to issue and service all debt securities for the FHLBanks, while obtaining the most cost-effective terms possible given current market conditions. Related activities include the compilation and publication of the combined financial statements, analysis and joint development of new funding opportunities, and educational outreach to inform investors and other interested parties about FHLBank debt products. These efforts can include investor road shows, sales conferences, adopting dealer/FHLBank recommendations, preparing brochures and educational materials, and enhancing the Office of Finance website.

The OF also provides the FHLBanks with credit and general capital market information/data, and manages the relationship with the credit rating agencies. In addition, the OF administers two tax-exempt government corporations, the Financing Corporation (FICO) and the Resolution Funding Corporation (REFCORP).

Government

Credit

FHLBanks Office of Finance

Randy Snook

Matt Smith

Paula Pierro

Megan Dougherty

Jonathan Hartley

Galie Nancy

Roger Nowakowski

Noelle Lipscomb

Jordan Crotty

Chris Harper

Ben Russo

Tom Lotito

Marian Stevens

John Gerli

Xiaodong Yi

Kenneth C Lin

Information Technology

Capital Markets and Risk Management

Finance and Accounting

Leadership Team

Information Security

Human Resources

Audit and Compliance

Business Intelligence Team

Teams at FHLBanks Office of Finance