The Federal Home Loan Bank of Boston is a cooperative wholesale funding provider serving the housing and community finance sectors in New England. Owned by its member financial institutions, the bank has operated for more than 90 years and counts over 420 members, including banks, credit unions, insurance companies, and community development financial institutions. It provides tens of billions of dollars in funding annually.
The bank's core products include Advances, which are competitive-rate wholesale funding loans to member institutions, and a Mortgage Partnership Finance program. It also issues Letters of Credit, offers Correspondent Services, and runs Housing and Economic Growth initiatives aimed at supporting development across the region.
As a cooperative, the Federal Home Loan Bank of Boston operates with a collaborative structure, emphasizing innovation and a commitment to strengthening communities throughout New England. Its work spans housing finance, community finance, and community development.
