Affordable Housing Program Implementation Plan Summary of Changes and Availability of Other FHLB Programs

December 30 2022

Affordable Housing Program Implementation Plan Summary of Changes The following lists material changes for the 2023 Affordable Housing Program (AHP) General Fund and Set-aside Program. Please see a complete copy... ...

Welcome Home Program opens February 6 and July 6, 2023

December 27 2022

The FHLB is pleased to announce the Welcome Home Program (WHP) will be offered twice for 2023 and will open at 8:00 a.m. ET on February 6 and July 6,... ...

Third Quarter 2022 Dividend Declared at 6.00 percent

December 15 2022

At its December 15, 2022 meeting, the Board of Directors of the Federal Home Loan Bank of Cincinnati (the FHLB) declared a dividend for the third quarter of 2022 at... ...

2022 Director Election Results

November 21 2022

We are pleased to announce the results of the 2022 FHLB Cincinnati Board of Directors (Board) election. In this election, one Ohio Member Director, two Tennessee Member Directors and two... ...

2022 Affordable Housing Program Awards Announced

November 17 2022

The latest round of Affordable Housing Program (AHP) awards was approved by the Board of Directors at its November 17 meeting. A total of 36 members will receive nearly $12.1... ...

Habitat of Henderson Dedicates Home

October 31 2022

Karen Raber received the keys to her new home on October 27 during a dedication ceremony in Henderson, Ky. The home was built by Habitat for Humanity of Henderson and... ...

FHLB Cincinnati Announces Third Quarter 2022 Results

October 27 2022

The Federal Home Loan Bank of Cincinnati today released unaudited financial results for the third quarter ended September 30, 2022. For the third quarter, net income was $91 million and... ...

FHLB System Review at 100 Written Comment Deadline Extended to Oct. 31

October 20 2022

The FHFA’s Listening Session: FHLBank System at 100: Focusing on the Future initiative has extended the deadline for written comments from Friday, Oct. 21 to Monday, Oct. 31. Comment letters... ...

Cumberland River RHOAR Center Breaks Ground

October 18 2022

The Cumberland River RHOAR (Recovery, Hope, Opportunity and Resiliency) Center hosted a groundbreaking ceremony on Oct. 12 in Middlesboro, Ky. FHLB Cincinnati's Laura Gaffin, former Governor Ernie Fletcher, Lt. Governor... ...

FHLB Celebrates Ribbon Cutting of John Arthur Flats

October 14 2022

John Arthur Flats, a new affordable senior housing development, is now open with help from FHLB Cincinnati’s Affordable Housing Program. FHLB member Fifth Third Bank and project sponsor Pennrose were... ...

FHLB Welcomes New Members

October 11 2022

The FHLB welcomed the following new member stockholders in the last quarter: Mountain Valley Bank, Dunlap, Tenn. Towpath Credit Union Inc., Fairlawn, Ohio ...

Board of Directors Election Update

October 07 2022

The election for the FHLB Board of Directors is underway. Ballots were sent via email on October 7 to all eligible voting members from the email address noreply@directvote.net. We encourage... ...

Meet Al Fairbanks

October 06 2022

Al Fairbanks has been serving the Fifth District as Assistant Vice President for Member Strategies and Solutions since November 2021. In this role, Al supports insurance and large commercial bank... ...

Disaster Reconstruction Funds Available in 13 Kentucky Counties Affected by Floods

September 26 2022

Households in 13 Kentucky counties whose homes were damaged or destroyed by severe storms, flooding, landslides and mudslides beginning July 26, 2022, may qualify for grants from the Federal Home... ...

FHLB Cincinnati Adds $3 million to Affordable Housing Program

September 21 2022

The Federal Home Loan Bank of Cincinnati’s Board of Directors announced a $3 million voluntary contribution to the Affordable Housing Program (AHP). This allocation is in addition to the FHLB’s... ...

Second quarter dividend declared at 5.00 percent

September 15 2022

At its September 15, 2022 meeting, the Board of Directors of the Federal Home Loan Bank of Cincinnati (the FHLB) declared a dividend for the second quarter of 2022 at... ...

Federal Housing Finance Agency Announces FHLBank System at 100: Focusing on the Future Initiative

September 07 2022

UPDATE: The Federal Housing Finance Agency has extended the deadline for written comments through October 31. On August 31, the Federal Housing Finance Agency announced the FHLBank System at 100:... ...

FHLB Cincinnati’s Pay Equity Commitment

August 19 2022

We believe in the importance of a gender-balanced and diverse workplace and strive towards an equitable work experience for all. Women’s equality is essential for thriving communities and organizations, and... ...

FHLB Cincinnati Announces Second Quarter 2022 Results

July 28 2022

The Federal Home Loan Bank of Cincinnati today released unaudited financial results for the second quarter ended June 30, 2022. For the second quarter, net income was $41 million and... ...

Disaster Reconstruction Funds Available in Five Tennessee Counties

July 27 2022

Households in five Tennessee counties, whose homes were damaged by wind, severe weather and wildfires March 30 through April 6, 2022, may qualify for grants from the Federal Home Loan... ...

FHLB Welcomes New Member

July 25 2022

The FHLB welcomed the following new member stockholder in the last quarter:     • The First National Bank of Dennison, Dennison, Ohio ...

Potential Excess Capital Stock Repurchase Tax Implications

July 22 2022

The FHLB previously announced changes to the Capital Plan that will cause more members to experience excess capital stock repurchases. These repurchases may potentially have tax implications for your institution.... ...

Disaster Reconstruction Funds Available in Three Ohio Counties

July 20 2022

Households in three Ohio counties whose homes were damaged by wind storms June 13 through June 14 may qualify for grants from the Federal Home Loan Bank of Cincinnati’s Disaster... ...

Disaster Reconstruction Funds Available in Eight Tennessee Counties

June 29 2022

Households in eight Tennessee counties whose homes were damaged by severe weather and tornadoes March 30 through March 31 may qualify for grants from the Federal Home Loan Bank of... ...

FHLB Cincinnati's Disaster Reconstruction Program Replenished with $1.2 million

June 22 2022

FHLB Cincinnati's Disaster Reconstruction Program (DRP) has been replenished with an additional $1.2 million, bringing the total funding currently available up to $3.0 million. The new funding was approved by... ...

First quarter dividend declared at 3.00 percent

June 16 2022

At its June 16, 2022 meeting, the Board of Directors of the Federal Home Loan Bank of Cincinnati declared a dividend for the first quarter of 2022 at a 3.00... ...

FHLBank System Featured in American Banker

May 27 2022

An article featuring The Federal Home Loan Bank (FHLBank) System written by Julianne Thurlow, Vice Chair of the American Bankers Association and President and CEO of Reading Cooperative Bank was... ...

Be in the Know: Sign up for Notifications

May 05 2022

Interested in being notified when wires cross your accounts or rates reach a certain level? Sign up for FHLB notifications to receive information by email or text automatically for the... ...

Community Partnership Award Winners

May 03 2022

Congratulations to the winners of our inaugural Community Partnership Awards. Bank of Tennessee to benefit Appalachia Service Project Fifth Third Bank to benefit Family Scholar House Independence Bank to benefit... ...

FHLB Cincinnati Announces First Quarter 2022 Results

April 26 2022

The Federal Home Loan Bank of Cincinnati (the FHLB) today released unaudited financial results for the first quarter ended March 31, 2022. For the first quarter, net income was $16... ...

Affordable Housing Advisory Council Appointment

April 26 2022

The Federal Home Loan Bank’s Board of Directors has appointed a new member to the FHLB's Affordable Housing Advisory Council, Dr. Troy D. White, Executive Director of the Metropolitan Development... ...

FHLB Announces R. Kyle Lawler to Retire as Executive Vice President, Chief Business Officer

April 22 2022

FHLB Cincinnati announces that R. Kyle Lawler, Executive Vice President, Chief Business Officer, will retire effective June 10, after 22 years of service. The following organizational changes have been made... ...

FHLB Welcomes New Members

April 12 2022

The FHLB welcomed the following new member stockholders in the last quarter: RockPoint Bank, National Association, Chattanooga, Tenn. Advanz Federal Credit Union, Louisville, Ky. ...

Application News for the Affordable Housing Program

March 23 2022

To better reach all of our affordable housing partners throughout the Fifth District, FHLB will offer virtual AHP application resources and workshops this year. WebEx workshops will take place May... ...

Fourth quarter dividend declared at 2.00 percent

March 17 2022

At its March 17, 2022 meeting, the Board of Directors of the Federal Home Loan Bank of Cincinnati declared a dividend for the fourth quarter of 2021 at a 2.00... ...

Carol M. Peterson Housing Fund opens June 1

March 09 2022

The FHLB is pleased to announce the Carol M. Peterson Housing Fund (CMPHF) will open at 10:00 a.m. ET on June 1, 2022 with $1.0 million in available funding. The... ...

FHLB Cincinnati announces 2021 results

February 22 2022

The Federal Home Loan Bank of Cincinnati (the FHLB) released unaudited financial results for the year ended December 31, 2021.Net income for 2021 was $42 million and ROE was 1.08... ...

FHLB Welcomes New Members

February 02 2022

The FHLB welcomed the following new member stockholders in the last quarter: Riverside Bank of Dublin, Dublin, Ohio First Bank of Central Ohio, Worthington, Ohio ...

Welcome Home Program Opens March 1

February 01 2022

The FHLB is pleased to announce the Welcome Home Program (WHP) will open at 8:00 a.m. (EST) on March 1, 2022. The WHP offers grants to fund down payment and... ...

FHLB Cincinnati Promotes Nine Officers

January 31 2022

Nine officers were recently approved for promotion by the Board of Directors. Congratulations to the following officers, whose promotions were effective January 1, 2022: Kevin T. Hanrahan, First Vice President,... ...

FHLB Welcomes New Members

January 25 2022

The FHLB welcomed the following new member stockholders in the last quarter: Riverside Bank of Dublin, Dublin, Ohio First Bank of Central Ohio, Worthington, Ohio ...

Nominations now being accepted for new Community Partnership Awards

January 03 2022

Nominations are now being accepted for the new Community Partnership Award program, which will present four members a $5,000 grant to benefit a nonprofit organization or community initiative. The awards... ...