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Federal Home Loan Bank of Indianapolis is a regional cooperative bank owned by member institutions in Indiana and Michigan and provides liquidity to support housing finance, asset-liability management, and community lending. It raises funds in global debt markets and passes the borrowing benefits to members as lower costs, which members then extend to households and local businesses. Unlike many banks, it is privately capitalized and member-owned, part of a nationwide system of 11 regional FHLBanks focused on liquidity for housing and community lending. Its goal is to provide dependable liquidity that helps member banks, credit unions, CDFIs, and insurers finance housing and community development, promoting affordable housing and economic opportunity.
Industries
Financial Services
Real Estate
Company Size
201-500
Company Stage
N/A
Total Funding
N/A
Headquarters
Indianapolis, Indiana
Founded
1932
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Flexible Work Hours
Hybrid Work Options
401(k) Company Match
401(k) Retirement Plan
Tuition Reimbursement
Student Loan Assistance
Health Insurance
Dental Insurance
Vision Insurance
Pet Insurance
Paid Vacation
Paid Sick Leave
Paid Holidays
Unlimited Paid Time Off
Wellness Program
Elevations Credit Union names 2 new execs. BOULDER - Two new executives have joined Elevations Credit Union. Veronica Riojas, formerly a senior vice president overseeing the Boulder-based credit union's retail network and member experience, has been promoted to chief retail officer, in charge of branches, the contact center, digital banking, and wealth management. Meanwhile, Deron Streitenberger will become chief information officer at Elevations, leading its technology strategy including cybersecurity and digital infrastructure. "Veronica is not only a champion of our members but a fervent advocate of our employees and culture," Michael Calcote, Elevations' president and CEO, said in a prepared statement. "Her authenticity and genuine care for members and employees alike have been instrumental in cultivating the vibrant culture of the teams she leads." Sponsored Content Before joining Elevations in 2022, Riojas spent 15 years with USAA, where she served as bank omnichannel director. In that role, she led cross-functional teams supporting members through integrated service solutions and helped drive improvements in member satisfaction by translating member feedback into product and process enhancements. "I'm honored to step into this role and continue serving our members, employees and communities," Riojas said in a news release. "What inspires me most about Elevations is the commitment our teams bring every day to helping people achieve their financial goals. I look forward to building on that foundation as we continue evolving and enhancing the experiences we provide." Streitenberger "brings a strong belief that great technology organizations succeed when they build trust, develop talent and stay closely connected to the needs of the business and the members they serve," Calcote said. "Throughout his career, he has built a reputation for advancing digital capabilities and helping organizations leverage technology to achieve strategic goals." Streitenberger joins Elevations after more than a decade with the Federal Home Loan Bank of Indianapolis, where he served as chief information officer before being promoted to chief business operations officer. He has also held technology and operations leadership positions with Republic Mortgage Insurance Co., JPMorgan/Chase and the Bank for International Settlements in Basel, Switzerland. "I'm excited to join an organization that is deeply committed to its members, employees and communities," Streitenberger said in a prepared statement. "Technology plays an increasingly important role in helping financial institutions deliver value, strengthen security and create meaningful experiences. I look forward to working with the team at Elevations to continue advancing those efforts." Veronica Riojas has been promoted to chief retail officer and Deron Streitenberger will become chief information officer at Elevations. Already have a paid subscription?
The Federal Home Loan Bank of Indianapolis declared second quarter 2026 dividends on Class B-2 activity-based capital stock at an annualised rate of 9.50% and Class B-1 non-activity-based stock at 4.00%. The dividends will be paid in cash on 29 July 2026. Net income for the three months ended 30 June 2026 was $78 million, down $12 million compared to the prior year period. The decrease was primarily due to lower market interest rates and fair value changes on economic derivatives and trading securities. Total assets reached $90.4 billion at 30 June 2026, up $4.2 billion from 31 December 2025. The Bank's regulatory capital-to-assets ratio stood at 5.33%, exceeding all applicable requirements.
Michigan Credit Union CEO, Jackie Buchanan, inducted into national Hall of Leaders. April 14, 2026 Auburn Hills, MI. - April 14, 2026 - Jackie Buchanan, president and CEO of Genisys Credit Union, has been inducted into the Credit Union House Hall of Leaders, a national honor recognizing leaders who have made significant contributions to the credit union movement and to the members and communities they serve. Buchanan was one of 18 credit union leaders from across the country recognized during a ceremony in Washington D.C., in March, as part of the credit union industry's national advocacy event. The honor highlights Buchanan's leadership in building one of Michigan's strongest, most financially sound credit unions and her commitment to strengthening communities through financial education and community impact initiatives. Since assuming the role of CEO in 2010, Buchanan has spearheaded a period of unprecedented growth for Genisys Credit Union. A 30-year veteran of the industry, she has overseen a nearly 400% growth in assets, which now exceeds $6.4 billion, and a 535% growth in loan production. Under her strategic direction, Genisys has solidified its position as one of Michigan's largest credit unions, currently serving nearly 300,000 members across a 32-branch network. As the credit union celebrates its 90th anniversary this year, Buchanan attributes their success to remaining focused on its mission as a member-owned financial institution, understanding that a credit union is built by and for its members. "I am deeply honored by this recognition. It is an accolade that truly reflects the dedication, mentorship, and partnership of the many people I've had the privilege to work alongside - especially the incredible team at Genisys Credit Union," said Buchanan. "I'm grateful to be part of a movement built on cooperation and service, and proud of the difference credit unions continue to make in the lives of the members and communities we serve." Beyond her leadership at Genisys, Buchanan plays an active role on various community and financial boards. She serves on the boards of the Federal Home Loan Bank of Indianapolis, Velera, and is the board chair of CU Solutions Group. Additionally, she is the former board chair and current board member of Lighthouse MI, a non-profit dedicated to ending homelessness. Buchanan's involvement has helped Genisys secure $3.2 million in funding from the Federal Home Loan Bank of Indianapolis, which will support the development of 229 affordable housing units in Michigan through community partners, Lighthouse MI and Community Housing Network (CHN). "Hall of Leaders inductees embody the very best of the credit union movement, raising the bar for member service, advancing collaboration across the credit union community and advocating to safeguard the not-for-profit, cooperative financial services model," said Troy Stang, Credit Union House Chair in announcing the 2026 class. "We are sincerely grateful for the meaningful contributions they have made - and continue to make - to strengthen credit unions and the members they serve."
Financial Plus Credit Union, in partnership with the Federal Home Loan Bank of Indianapolis awarded nine $2,500 scholarships to graduating seniors at the International Academy of Flint.
Mercantile Bank (MBWM) has partnered with the Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) through their Community Multiplier program, facilitating over $200,000 in grant funding to six nonprofit organizations across Michigan.
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Industries
Financial Services
Real Estate
Company Size
201-500
Company Stage
N/A
Total Funding
N/A
Headquarters
Indianapolis, Indiana
Founded
1932
Find jobs on Simplify and start your career today