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).

Credit

Government

FHLBanks Office of Finance

Randy Snook

Galie Nancy

Roger Nowakowski

Noelle Lipscomb

Jordan Crotty

Chris Harper

Ben Russo

Tom Lotito

Marian Stevens

John Gerli

Xiaodong Yi

Stan Dore

Kenneth C Lin

The Business Intelligence Team at FHLBanks Office of Finance leverages data analytics to provide actionable insights that drive strategic decision-making. They compile, analyze, and present financial and market data to support the issuance and servicing of debt securities, optimize funding opportunities, and enhance investor relations activities. This team's efforts help to inform stakeholders, refine financial strategies, and maintain robust market intelligence.

Business Intelligence Team

Information Technology

Capital Markets and Risk Management

Finance and Accounting

Business Intelligence Team

About

Team members

Other teams at FHLBanks Office of Finance

Information Technology

Capital Markets and Risk Management

Finance and Accounting