Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON — Federal Housing Finance Board Member Geoff Bacino, a former NCUA Board member, expressed his hopes that credit unions will take greater advantage of what the Federal Home Loan Banks have to offer.

“What’s disconcerting is that they are not using the Banks as frequently as other charters,” he observed of the credit union community. Bacino pointed out that just 868 of approximately 8,000 credit unions are Federal Home Loan Bank members, while 1,251 thrifts of 1,300 total are members and 5,890 of 7,400 banks are FHLB members.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.