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 Information Technology team at the FHLBanks Office of Finance is responsible for developing, maintaining, and securing the technology infrastructure that supports the issuance and servicing of debt securities for the 11 regional FHLBanks. This includes software development, managing IT operations and infrastructure, ensuring system reliability, and maintaining cybersecurity. The team also supports business continuity, IT risk management, and provides technical solutions to enhance the Office of Finance's capabilities in financial reporting, data management, and investor communications.

Information Technology

Capital Markets and Risk Management

Finance and Accounting

Information Technology

About

Team members

Other teams at FHLBanks Office of Finance

Capital Markets and Risk Management

Finance and Accounting