Full Year and Fourth Quarter 2022 Financial Results

FHLBank recorded net income of $227.1 million for the year 2022 and $96.5 million for the fourth quarter, and the Board of Directors declared dividends of 7.95% annualized on activity stock and 4.0% annualized on membership stock.

Read more

01

Who We Are

Founded as a cooperative by Congress in 1932, we assure the flow of credit to our members and support their housing finance and community lending businesses. Our products and services enhance our membership's ability to conduct business and vitalize their communities.
All statistics are as of Dec. 31, 2022
  • 282 Member Institutions Supported
  • 226 Employees
    Strong
  • $96.1B Total
    Assets
  • $494.0M Affordable Housing Program Grants Annually Since 1990
By delivering on our mission, FHLBank Pittsburgh plays an essential role in the economic growth and financial well-being of the communities we serve. Winthrop Watson President and Chief Executive Officer
02

What We Do

Our Products: Advances, Letters of Credit, Mortgage Partnership Finance® Program, Bank Services, Community Products

Discover the Benefits of Membership

03

Why We Do It

There’s value in membership. Insurance companies, commercial banks, credit unions, community development financial institutions and thrifts are significant participants in the housing markets as lenders, investors and insurers. FHLBank Pittsburgh membership provides ready access to liquidity and other services that promote housing, community and economic development.

What's New

Member News At A Glance
Members can view FHLBank news anytime on the News At A Glance page.

Learn More

Press Releases
View all of FHLBank's media information

Learn More

Community Product News

See the latest member updates on FHLBank's community investment products

Learn More

PPN News

Stay up-to-date on issues facing housing, economic development and the FHLBanks

Learn More