Definitions for "Federal Home Loan Bank"
A Federally chartered, privately owned company charged with regulating the S&L industry.
System supplying credit reserves for savings and loan associations, cooperative banks and mortgage lenders in a manner similar to the Federal Reserve's role with commercial banks.
Provides credit reserves systems for member state and federal savings and loan associations.
Keywords:  fhlb, exempt, local, income, taxes
FHLB Income exempt from state & local taxes