BNET Industries
Last Fiscal Year Sales:$2.6B
- Public
- US
Dow Jones Description
To help families afford housing by working with member financial institutions located in Indiana and Michigan to meet their funding needs for both residential mortgage loans and loans to support the economic growth of their communities. The FHLBI also provides grants for building and rehabilitating low-income housing. The FHLBI expects to deliver a market return on the equity investment by its member/owner institutions. The Federal Home Loan Bank of Indianapolis is a wholesale bank that provides loans, grants, and business services to member financial institutions in Indiana and Michigan. We are one of twelve such banks in the Federal Home Loan Bank System established in 1932. FHLBanks are privately capitalized and funded, and receive no Congressional appropriations. Our credit programs provide funding to help members with liquidity and asset/liability management, interest rate risk, profitability enhancement, and mortgage pipeline funding. In addition to funding, we provide various correspondent services, such as securities safekeeping and wire transfers. The FHLBI also helps to meet the economic and housing needs of communities and families through grants and low-cost advances that help support affordable housing and economic development initiatives.
CEO & Senior Vice President
Brian FikeNumber of Employees 152
Contact Information
8250 Woodfield Crossing Blvd
Indianapolis, Indiana 46240
(317) 465-0200
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
-
Federal Home Loan Bank of Indianapolis Announces 2009 Third Quarter Financial Results
News & Analysis
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federal home loan bank of indianapolis - All News and Analysis
Ameriana Bank Partners with Federal Home Loan Bank of Indianapolis to offer Funding to Help Homeowners Relieve Threat of Foreclosure
NEW CASTLE, Ind. -- Jerome J. Gassen, President and Chief Executive of Ameriana Bank, today announced a new mortgage initiative, HomeRetain, to assist families with modifying or refinancing their existing mortgages to more favorable terms and potentially avoid foreclosure. HomeRetain is a part of the Community Investment Program of...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Brian Fike | CEO & Senior Vice President |
| Christine A Coady | President and CEO, Michigan Interfaith Trust Fund |
| Larry A. Swank | President and CEO, The Sterling Group |
| Maurice F. Winkler III | President and CEO, Peoples Federal Savings Bank of Dekalb County |
| Milton J. Miller II | President, Chief Executive Officer |
| Michael J. Hannigan | President, the Hannigan Company, Llc |
| Christopher A. Wolking | Senior Executive Vice President and CFO, Old National Bancorp |
| Cindy L Konich | Senior Vice President, Chief Financial Officer |
| Douglas J. Iverson | Senior Vice President Acting Chief Operating Officer |
| Gregory F. Ehlinger | Senior Vice President and Cfo, Irwin Financial Corporation |
| Gregory L Teare | Senior Vice President, Chief Banking Officer |
| Jim Logue | Senior Vice President and Coo, Great Lakes Capital Fund |
| John L Skibski | Executive Vice President and Chief Financial Officer of Monroe Bank and Trust In Monroe |
| Paul D. Borja | Executive Vice President and Cfo, Flagstar Bank, Fsb |
| Vincent J Otto | Executive Vice President and Chief Financial Officer of Waterfield Mortgage Company |
| Jeffrey A. Poxon | Senior Vice President Investments |
| Jonathan R. West | Senior Vice President, Administration, General Counsel and Corporate Secretary |
| Ray D. Tooker | Senior Vice President of Macatawa Bank |
| Vincent A Cera | Senior Vice President Information System and Operations |
| Bradley A. Burnett | First Vice President Controller |
| Mary Beth Wott | Vice President, Community Investment Officer |
| Mary Beth Wott | Vice President, Ci Officer |
| Jon Griffin | Credit Services Director |
| William McDowell | Director of Sales |
| Bill Davis | Member Link Manager |
| Brian McCoy | Advances Manager |
| Debora Conley | Compliance Manager, Homeownership |
| Dennis Haworth | Underwriting Manager |
| Scott Stansberry | Collateral Manager |
| Shannon Fountain | Community Lending Manager |
| Trish Lewis | Compliance Manager, Rental |
| Barbara Hembree | |
| Becca Young | Collateral Operations, Coordinator |
| Carl E. Liedholm | Prof of Economics at Michigan State University In East Lansing |
| Casey Horoho | Database Administrator |
| Doug Houck | Commercial Loan Analyst |
| Elliot Spoon | Professor of Law In Residence at Michigan State University College of Law In East Lansing |
| John Bingham | Senior Credit Analyst |
| Jonny Childress | Database Administrator |
| Kathryn Crumpton | Operations & Information Coordinator |
| Mark Pascarella | Lending Officer |
| Matt Fix | Lending Officer |
| Rebecca Henderson | Compliance Analyst |
| Robert Graves | Database Administrator |
| Ronna Edwards | Compliance Analyst |
| Rosemarie Roberts | Compliance Analyst |
| Kevin Slaughter | Member Link Operations |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Charles L. Crow | Vice Chair, Chairman, President and CEO, Community Bank |
| Paul C. Clabuesch | Chair, Chairman and CEO, Thumb National Bank & Trust |
| Robert D. Long | Corporate Director and Audit Committee Chair, Kenra, Ltd. |
| Thomas R. Sullivan | Hr Committee Chairman |
| James D Macphee | Board of Directors |
| Jonathan P. Bradford | Board of Directors |
| Michael H. Price | Board of Directors |
| Paul J. Weaver | Board of Directors |
| Teresa S. Lubbers | Board of Directors |
| Timothy P. Gaylord | Board of Directors |
| Valde Garcia | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | CEO & Senior Vice President | Current |
| Federal Home Loan Bank of Indianapolis | Senior Vice Presidentmember Services | Former |
| Organization | Position | Status |
|---|---|---|
| Community Bancshares, Inc | President | Current |
| Federal Home Loan Bank of Indianapolis | Vice Chair, Chairman, President and CEO, Community Bank | Current |
| Federal Home Loan Bank of Indianapolis | Chairman | Current |
| Community Bancshares, Inc | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | President and CEO, Michigan Interfaith Trust Fund | Current |
| Federal Home Loan Bank of Indianapolis | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | President and CEO, The Sterling Group | Current |
| Federal Home Loan Bank of Indianapolis | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Peoples Federal Savings Bank | CEO | Current |
| Federal Home Loan Bank of Indianapolis | President and CEO, Peoples Federal Savings Bank of Dekalb County | Current |
| Peoples Federal Savings Bank | President | Current |
| Peoples Financial Corporation | Director | Current |
| Federal Home Loan Bank of Indianapolis | Board of Directors | Current |
| Peoples Bancorp | CEO | Former |
| Peoples Bancorp | Director and President of Peoples Bancorp and Peoples Federal | Former |
Milton Miller began serving as President and CEO on July 16, 2007. Previously, he served as Chief Financial Officer since 1985. In this capacity, Miller was responsible for credit, investments, funding, derivatives, and risk management. During this period, he took a major role in the development of the Mortgage Purchase Program (MPP). Miller began his career at the FHLBI in 1978 as a research associate and subsequently held the roles of assistant economist, cash manager and asset/liability manager prior to his appointment as CFO. Miller received a BS in management and administration and an MBA in finance from Indiana University, and is a Chartered Financial Analyst.
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | President, Chief Executive Officer | Current |
| Federal Home Loan Bank of Indianapolis | Principal Executive Officer | Current |
| Federal Home Loan Bank of Indianapolis | Senior Vice President Chief Financial Officer | Former |
| Indiana University | BS In Management | Former |
| Indiana University | MBA In Finance | Former |
| Indiana University | BS | Former |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Chair, Chairman and CEO, Thumb National Bank & Trust | Current |
| Federal Home Loan Bank of Indianapolis | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | President, the Hannigan Company, Llc | Current |
| Federal Home Loan Bank of Indianapolis | Hr Committee Vice Chairman | Current |
| Federal Home Loan Bank of Indianapolis | Board of Directors | Current |
| The Precedent Companies, Inc. | Executive Vice President | Former |
| The Precedent Companies, Inc. | Director | Former |
Christopher A. Wolking is currently Senior Executive Vice President and Chief Financial Officer of Old National Bancorp. Christopher began his career at Old National in 1999 as Treasurer and was subsequently promoted to Senior Vice President in 2001 and Executive Vice President in 2005. Previously, Mr. Wolking worked in various roles in the treasury and wealth management units of Old Kent Financial Corporation.
| Organization | Position | Status |
|---|---|---|
| Old National Bancorp | Chief Financial Officer & Senior Executive Vice President | Current |
| Federal Home Loan Bank of Indianapolis | Senior Executive Vice President and CFO, Old National Bancorp | Current |
| Federal Home Loan Bank of Indianapolis | Board of Directors | Current |
| Old National Bancorp | Treasurer | Former |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Senior Vice President, Chief Financial Officer | Current |
| Federal Home Loan Bank of Indianapolis | Board of Directors | Current |
| Federal Home Loan Bank of Indianapolis | Principal Financial Officer | Former |
| Indiana University | MBA | Former |
| Indiana University | BS In Economics | Former |
Douglas J. Iverson Senior Vice President - Director of Marketing Iverson oversees the sales and marketing department. His duties include collaborating with other departments on new product design and development and overseeing preparations for annual member meetings. Iverson began his career at the FHLBI in 2005 as the manager of the Mortgage Purchase Program. His prior banking experience includes serving as CEO of Ottawa Savings/AmeriBank and later as a senior officer with Fifth Third Bank. Iverson earned a BA in economics and management from Hope College in Holland, Michigan, and an MBA from Western Michigan University.
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Senior Vice President Acting Chief Operating Officer | Current |
| Federal Home Loan Bank of Indianapolis | Board of Directors | Current |
| Fifth Third Bank | Executive Vice President, Retail | Former |
| Western Michigan University | MBA | Former |
| Western Michigan University | BA In Economics | Former |
| Hope College | BA In Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Irwin Financial Corp. | Cfo | Current |
| Irwin Financial Corp. | Senior Vice President | Former |
| Federal Home Loan Bank of Indianapolis | Audit Committee Chairman | Current |
| Federal Home Loan Bank of Indianapolis | Board of Directors | Current |
| MADE2MANAGE Systems, Inc. | past director | Former |
| MADE2MANAGE Systems, Inc. | Director | Former |
| Columbus Economic Development Board | Board Member | Former |
| Irwin Financial Corp. | Treasurer | Former |
| Darden Graduate School of Business Administration | Masters In Business Administration | Former |
| University of Virginia | Masters in Business Administration | Former |
| University of Virginia | Bachelor of Arts Degrees In Economics and Psychology | Former |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Senior Vice President, Chief Banking Officer | Current |
| Federal Home Loan Bank | Vice President | Former |
| Federal Home Loan Bank of Indianapolis | Vice President | Former |
| Federal Home Loan Bank Seattle | Vice President | Former |
| Federal Home Loan Bank | Director of Mortgage Purchase | Former |
| Federal Home Loan Bank of Indianapolis | Director of Mortgage Purchase | Former |
| Federal Home Loan Bank Seattle | Director of Mortgage Purchase | Former |
| The University of Akron | MBA | Former |
| The Ohio State University | Undergraduate Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Senior Vice President and Coo, Great Lakes Capital Fund | Current |
| Great Lakes Capital Fund | Chief Operating Officer for Glcf | Current |
| Great Lakes Capital Fund | Senior Vice President | Current |
| The Habitat Company Inc. | Board Member | Current |
| Federal Home Loan Bank of Indianapolis | Board of Directors | Current |
| Great Lakes Capital Fund | Regional President | Former |
| Organization | Position | Status |
|---|---|---|
| Monroe Family Ymca | President | Current |
| Monroe Bancorp Inc. | Chief Financial Officer | Former |
| MBT Financial Corp. | Executive Vice President & Cfo | Current |
| Monroe Bancorp Inc. | Executive Vice President | Former |
| Federal Home Loan Bank of Indianapolis | Board of Directors | Current |
| Monroe Bancorp Inc. | Director | Current |
| MBT Financial Corp. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Executive Vice President and Cfo, Flagstar Bank, Fsb | Current |
| Flagstar Bank | Chief Financial Officer | Current |
| Flagstar Bancorp, Inc. | Cfo | Current |
| Flagstar Bancorp, Inc. | Executive Vice President | Current |
| Flagstar Bank | Executive Vice President of the Company | Current |
| Federal Home Loan Bank of Indianapolis | Board of Directors | Current |
| Kutak Rock Llp | Partner | Former |
| The George Washington University | Law Degree | Former |
| Georgetown University | Master S Degree In Tax Law | Former |
| University of Notre Dame | Bachelor S Degree In Accounting | Former |
| The George Washington University | Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Executive Vice President and Chief Financial Officer of Waterfield Mortgage Company | Current |
| Union Federal Bank | Chief Financial Officer | Former |
| Waterfield Mortgage Company Incorporated | Chief Financial Officer | Former |
| Union Federal Bank | Executive Vice President | Former |
| Waterfield Mortgage Company Incorporated | Executive Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Senior Vice President Investments | Current |
| Lafayette Life Insurance Co. Inc. | Senior Vice President Investments and Chief Investment Officer | Current |
| Lafayette Indiana | Director | Current |
| Indiana, Inc. | Director | Current |
| Federal Home Loan Bank of Indianapolis | Board of Directors | Current |
| LSB Financial Corp. | Director | Current |
Mr. West elected to defer $6,618 of his non-equity incentive compensation while receiving the remaining $37,499 in cash. The amounts included in the Change in Pension Value and Nonqualified Deferred Compensation Earnings column are 100% attributable to the change in pension value for the NEOs from December 31, 2005 to December 31, 2006 as we do not pay above market earnings to any employee in the nonqualified deferred compensation plan. The change in pension values for Mr. Heger, Mr. Miller, and Mr. Cera include an additional three years of service and an additional three years of age as part of the early retirement incentive package that they each received.
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Senior Vice President, Administration, General Counsel and Corporate Secretary | Current |
| Federal Home Loan Bank of Indianapolis | Board of Directors | Current |
| Indiana University School of Law | Jd | Former |
| Kelley School of Business Bloomington | MBA | Former |
Array
| Organization | Position | Status |
|---|---|---|
| Macatawa Bank Corporation | Senior Vice President, Loan Administration | Current |
| Federal Home Loan Bank of Indianapolis | Hr Committee Vice Chairman | Current |
| Federal Home Loan Bank of Indianapolis | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Senior Vice President Information System and Operations | Current |
Mr. Burnett was appointed as First Vice President Controller effective March 13, 2009. Since Mr. Weaver s resignation on February 27, 2009, Mr. Burnett has served as the Bank s principal accounting officer. Prior to his appointment as First Vice President Controller, Mr. Burnett served as Vice President Assistant Controller of the Bank since September 2007 and Assistant Vice President Director of SEC Reporting and Accounting Policy, since joining the Bank in February 2006. Prior to coming to the Bank, Mr. Burnett was an Audit Manager at PricewaterhouseCoopers LLP in Indianapolis, Indiana where he worked from September 1997 until February 2006.
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | First Vice President Controller | Current |
| Federal Home Loan Bank of Indianapolis | Principal Accounting Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Vice President, Community Investment Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Vice President, Ci Officer | Current |
| Federal Home Loan Bank of Indianapolis | Community Investment Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Credit Services Director | Current |
Robert D. Long, CPA, retired from KPMG, LLP on December 31, 2006, where he was the Office Managing Partner in the Indianapolis, Indiana office since 1999 and had served as an Audit Partner for KPMG since 1988. Mr. Long serves as Board Chairman for Kenra, Ltd.
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Corporate Director and Audit Committee Chair, Kenra, Ltd. | Current |
| Federal Home Loan Bank of Indianapolis | Audit Committee Vice Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Director of Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Member Link Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Advances Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Compliance Manager, Homeownership | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Underwriting Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Collateral Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Community Lending Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Compliance Manager, Rental | Current |
| Federal Home Loan Bank of Indianapolis | Compliance Analyst | Former |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Collateral Operations, Coordinator | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Prof of Economics at Michigan State University In East Lansing | Current |
| Federal Home Loan Bank of Indianapolis | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Database Administrator | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Commercial Loan Analyst | Current |
Elliot is "of counsel" to the Firm. He has expertise in the areas of mortgage banking, general corporate law, securities, mergers and acquisitions and non-profit law. He was previously on the Firm's Executive Committee and Chair of its Business Transactions Group. Elliot is a Professor and Assistant Dean at Michigan State University College of Law where he teaches contracts, securities regulation, corporate finance and mortgage banking. Elliot was appointed in February 2008 by the Federal Housing Finance Board to the Board of Directors of the Federal Home Loan Bank of Indianapolis. He is also on the Board of Directors of The Children's Center of Wayne County and MSU Hillel.
| Organization | Position | Status |
|---|---|---|
| Michigan State University College of Law | Prof | Current |
| Federal Home Loan Bank of Indianapolis | Professor of Law In Residence at Michigan State University College of Law In East Lansing | Current |
| Michigan State University | Professor | Current |
| Jaffe Raitt Heuer & Weiss | Attorney | Current |
| Childrens Center | Board of Directors | Current |
| Federal Home Loan Bank of Indianapolis | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Senior Credit Analyst | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Database Administrator | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Operations & Information Coordinator | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Lending Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Lending Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Compliance Analyst | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Database Administrator | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Compliance Analyst | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Compliance Analyst | Current |
| Organization | Position | Status |
|---|---|---|
| Firstbank Corporation | Chief Executive Officer | Former |
| Keystone Community Bank | Director | Current |
| Federal Home Loan Bank of Indianapolis | Board of Directors | Current |
| Federal Home Loan Bank of Indianapolis | President and CEO, Firstbank Corporation | Former |
| Firstbank Corporation | Board of Directors | Former |
| Firstbank Corporation | President | Former |
| Organization | Position | Status |
|---|---|---|
| Kalamazoo County State Bank | Chief Executive Officer | Current |
| Federal Home Loan Bank of Indianapolis | Board of Directors | Current |
| Kalamazoo County State Bank | Director | Current |
| Federal Home Loan Bank of Indianapolis | CEO, Kalamazoo County State Bank | Former |
| Organization | Position | Status |
|---|---|---|
| Inner City Christian Federation | CEO | Current |
| Inner City Christian Federation | Executive Director | Former |
| Federal Home Loan Bank of Indianapolis | Board of Directors | Current |
| Federal Home Loan Bank of Indianapolis | President and CEO of Inner City Christian Federation of Grand Rapids | Former |
| Inner City Christian Federation | President | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Board of Directors | Current |
| Federal Home Loan Bank of Indianapolis | President and Chief Executive Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Board of Directors | Current |
| Great Lakes Capital Fund | Glcf Board Member | Current |
| Indiana University | MBA | Former |
| Purdue University | BS | Former |
| Federal Home Loan Bank of Indianapolis | Research Associate | Former |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Board of Directors | Current |
| Federal Home Loan Bank of Indianapolis | Audit Committee Vice Chairman | Current |
| Federal Home Loan Bank of Indianapolis | President and Chief Executive Officer of Capital Directions, Inc. | Former |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Federal Home Loan Bank of Indianapolis | Member Link Operations | Current |
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