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- Federal Home Loan Bank of Boston
Federal Home Loan Bank of Boston
The Federal Home Loan Bank of Boston is a leading provider of wholesale funding for housing and community finance in New England serving more than 420 financial institutions across the region. The Federal Home Loan Bank of Boston is committed to making New England a better place to live and do business, and our employees are integral to our success. As a cooperative, we are owned by more than 420 banks, credit unions, insurance companies, and community development financial institutions that access tens of billions of dollars of our reliable, wholesale funding each year. Our funds are a vital resource that helps our members succeed, provide families with safe, decent affordable housing and generate economic development that creates jobs in communities throughout our region.
Our highly skilled team of 200 is diverse, innovative, collaborative, and passionate about the work we do. We offer opportunities for career development, robust benefits, and a work-life balance.
Our highly skilled team of 200 is diverse, innovative, collaborative, and passionate about the work we do. We offer opportunities for career development, robust benefits, and a work-life balance.
Purpose
FHLBank Boston is part of the FHLBank System which was created by Congress to serve the public by enhancing the availability of credit for housing and community development. The System is comprised of 11 regional banks that are privately capitalized and owned as cooperatives by their members. Each year, FHLBanks provide access to billions of dollars in low-cost funding to approximately 6,500 banks, credit unions, insurance companies, and community development financial institutions throughout the country.
Mission
The mission of the Federal Home Loan Bank of Boston is to provide highly reliable wholesale funding and liquidity to our member financial institutions in New England. We strive to deliver the best financial products, services, and expertise that support home financing, affordable housing, and community development, including programs targeted to lower-income households.
Values
- Integrity: Do the Right Thing
- “We demonstrate the highest ethical standards at all times.”
As a regulated entity, we seek to meet all regulatory requirements.
As a GSE, we must maintain the markets’ confidence in our business and creditworthiness.
We are a co-operative and put our shareholders first.
Outlined in our Code of Ethics & Business Conduct.
We have the courage to do the right thing, even if it is not easy and convenient.
We take individual responsibility to admit mistakes & to not misrepresent.
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