Federal home loan bank definition

Federal home loan bank means a federal home loan bank established under the federal Home Loan Bank Act, 12 U.S.C. §1421 et seq.
Federal home loan bank. A Federal Home Loan Bank (as that term is used in Section 2 of the Federal Home Loan Bank Act, 12 U.S.C. § 1422, as in effect from time to time).
Federal home loan bank means the Federal Home Loan Bank of which the savings and loan is a member.

Examples of Federal home loan bank in a sentence

  • A Federal savings association may not permit any overdraft (including an intraday overdraft) on behalf of an affiliate, or incur any such overdraft in such savings associa- tion’s account at a Federal reserve bank or Federal home loan bank on behalf of an affili- ate.

  • Any savings association which is, or is eligi- ble to become, a member of a Federal home loan bank may convert into a Federal savings association (and in so doing may change di- rectly from the mutual form to the stock form, or from the stock form to the mutual form).

  • Investments in the stock or bonds of a Federal home loan bank or in the stock of the Federal National Mortgage Association.

  • A Federal savings association may invest in stock, obligations, or other securities of any small business investment company formed pursuant to section 301(d) of the Small Business Investment Act of 1958 [15U.S.C. 681(d)] 1 for the purpose of aiding members of a Federal home loan bank.


More Definitions of Federal home loan bank

Federal home loan bank means a bank established
Federal home loan bank. ’ means a bank estab-
Federal home loan bank or ‘FHLB’ means a federal home loan bank established pursuant to the Federal Home Loan Bank Act, 12 U.S.C. Section 1421, et seq.
Federal home loan bank means a bank established under the Federal Home Loan Act; the term ‘‘Federal Home Loan Banks’’ means, collec- tively, all the Federal Home Loan Banks.
Federal home loan bank. A Federal Home Loan Bank (as that term is used in Section 2 of the Federal Home Loan Xxxx Xxx, 00 X.X.X. §0000, as in effect from time to time).
Federal home loan bank means an institution chartered under the "Federal Home Loan Bank Act of 1932," 12 U.S.C. 1421, et seq.
Federal home loan bank means an institution chartered under the Federal Home Loan Bank Act (12 U.S.C. § 1421, et seq.), as amended, or its successor statute;