2010 Member News
FHLBanks’ Office of Finance Announces 2009 Combined Financial Results
April 2, 2010
Dear Seattle Bank Members,
The FHLBanks Office of Finance has announced the publication of the 2009 Combined
Financial Report (CFR). For your convenience, we have provided a link to a copy
of the 2009 CFR with the audit opinion prepared in accordance with government auditing
standards for the year ended 2009.
http://www.fhlb-of.com/specialinterest/finreportframe2.html
To request a printed copy of this report, please contact the Seattle Bank’s Member
Services Department at 800.426.7538 or 206.340.8666 or send email to the Office
of Finance at info@fhlb-of.com.
About The Seattle Bank and The Federal Home Loan Bank System
The Federal Home Loan Bank of Seattle is one of 12 Federal Home Loan Banks (FHLBanks)
in the United States, each of which is an independently owned and operated financial
cooperative. Together, the FHLBanks serve approximately 8,100 members and represent
one of the country’s largest private sources of liquidity and funding for community
financial institutions and for affordable housing. The FHLBanks’ primary sources
of funding are consolidated obligations issued by the Office of Finance. Consolidated
obligations are the joint and several obligations of the 12 FHLBanks.
The FHLBanks are regulated by the Federal Housing Finance Agency. Federal oversight,
in conjunction with normal bank regulation and shareholder vigilance, promotes the
conservative management and safety and soundness of the Federal Home Loan Bank System.
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