Fostering Internal and External Champions to Achieve Community

Fostering Internal and External Champions to Achieve Community Goals HOW YOUR COMMUNITY FPanel I N A NDiscussion C I A L I N With: STITUTION MAY BE Tv HMary. Beth E M I S SWott: I N G FHLBank P A R T NIndianapolis ER v. Megan Coler-Hasser: FHLBank Indianapolis v. Karen Gregerson: The Farmers Bank v. Kristen Hodge: The National Bank of Indianapolis

Session Goals • Introduction to FHLBank Indianapolis • Developing internal and external Champions • Importance of Community Financial Institution partnerships – Opportunities to partner – Community support and resources available – Engagement and relationship building

FHLBank Indianapolis WHO WE ARE

Federal Home Loan Bank System OVERVIEW • Cooperatives created by Congress in 1932 • 11 regional banks with over $1 trillion in total assets • Member owned – only members can access products/services • Each FHLBank independently managed • 10% of yearly net earnings from each bank are reinvested into communities

Where are we? FEDERAL HOME LOAN BANK SYSTEM

FHLBank Indianapolis INDIANA + MICHIGAN • • Nearly 380 members Members include: – – • • Commercial banks and thrifts Credit Unions Insurance Companies CDFIs Approximately 250 staff Community Investment Department – 13 staff

Community Investment Programs PRIMARY GRANT PROGRAMS AHP HOP NIP AMP • Affordable Housing Program (Competitive) • Homeownership Opportunities Program • Neighborhood Impact Program • Accessibility Modification Program • Competitive Grant Program to develop or preserve affordable rental housing • Matching funds for down payment and/or closing cost for first-time homebuyers • $500, 000 grant limit • Up to $8, 000 or $4, 000 grant per household, Homebuyer contributing minimum of $1, 000 • Members must underwrite and monitor compliance requirements • 5 year retention • Rehabilitation grants for existing homeowners • Up to $7, 500 per household • Accessibility modifications for seniors or persons with a permanent disability • Up to $12, 000 per household

Community Investment Programs ADDITIONAL PROGRAMS Community Investment Program (CIP) Discounted advances and letters of credit available to members on an ongoing basis to support targeted housing and economic development. Elevate Small Business Grant A new grant program aimed to help stimulate local economic development, workforce development and job creation through small businesses in Indiana and Michigan. Community Mentors Program Partnering community with development experts to present a day filled with best practices in implementing community development goals. Learning from others who have navigated the challenges of engaging community stakeholders.

Importance of Champions DEVELOPING INTERNAL & EXTERNAL PARTNERS TO ACHIEVE COMMUNITY GOALS

CHAMPIONS Internal and External Champions Exemplify: } Actualize Progress } Positivity } Organized } Results Oriented } Engaging Staff } Reliable

Community Financial Institutions BUILDING A NETWORK OF CHAMPIONS

Financial Institutions COMMUNITY PARTNERSHIPS Financial Institution (Member) • Invest in the community • Foundation/philanthropy goals • Community Reinvestment Act (CRA) • Access to FHLBank Indianapolis grants/funding • • Community Partner Connection to community project or program Create long term, sustainable community asset Fulfill a need or mission Leveraging investments FHLBank Indianapolis • Leverage funding with stakeholders with common objectives • Develop new or expanded relationships with members • Create jobs

Community Financial Institution Panel Discussion KAREN GREGERSON, PRESIDENT/CEO THE FARMERS BANK KRISTEN HODGE, VP, NONPROFIT SERVICES THE NATIONAL BANK OF INDIANAPOLIS MODERATED BY: MEGAN COLER-HASSER, COMMUNITY INVESTMENT OUTREACH ANALYST FHLBANK INDIANAPOLIS 13