GREEN BAY, Wis.–(BUSINESS WIRE)–Federal Home Loan Bank of Chicago (FHLBank Chicago) convened a roundtable today with U.S. Rep. Tony Wied (WI-08), community banks and credit unions, Wisconsin trade associations, and housing partners to discuss housing finance and economic development issues impacting communities across Wisconsin’s 8th Congressional District.
The roundtable provided a forum for stakeholders to share insights with Rep. Wied on how they leverage FHLBank Chicago programs and products to support local housing and community development. Wisconsin member financial institutions discussed the needs of their customers and how the Bank helps them address those priorities.
Stakeholders representing the real estate and building industries also highlighted the unique economic challenges and opportunities across the state’s northeastern district, which spans 10 counties and includes both urban and rural communities, from Wisconsin’s north woods to the Lake Michigan shoreline.
“FHLBank Chicago is proud to bring together leaders committed to strengthening communities through sustainable housing and economic initiatives,” said Michael Ericson, President and CEO of FHLBank Chicago. “We appreciate Congressman Wied’s willingness to engage in open dialogue with our members to help address the evolving needs of Wisconsin families and businesses.”
“I’m grateful to FHLBank Chicago for convening this roundtable and for its ongoing commitment to Wisconsin’s 8th District,” said Rep. Wied. “Open dialogue on affordable housing supply and economic development is essential to building strong, resilient communities. Today’s discussion highlighted how collaboration among financial institutions, housing advocates and local leaders can drive meaningful progress for families across our region.”
“Credit unions across Wisconsin are deeply invested in the financial well-being of their members,” said Sarah Wainscott, President and CEO of The Wisconsin Credit Union League. “Events like this roundtable help ensure we are aligned with partners like FHLBank Chicago to deliver and advocate for housing solutions that meet the needs of our communities.”
“Economic development is a key priority for banks across Wisconsin, and partnerships with FHLBank Chicago, along with open dialogue with policymakers, help us move the needle,” said Rose Oswald Poels, president and CEO of the Wisconsin Bankers Association. “Today’s discussion puts us on a strong path forward to expand support for communities throughout the state.”
The roundtable underscored the importance of public-private partnerships in addressing housing affordability and economic development. FHLBank Chicago remains committed to working with its members, partners, and Congress to deliver innovative financial solutions that strengthen communities across Wisconsin.
About the Federal Home Loan Bank of Chicago
FHLBank Chicago is a regional bank in the Federal Home Loan Bank System. FHLBanks are government-sponsored enterprises created by Congress to ensure access to low-cost funding for their member financial institutions, with a focus on providing solutions that support the housing and community development needs of members’ customers. FHLBank Chicago is a self-capitalizing cooperative, owned by its Illinois and Wisconsin members, including commercial banks, credit unions, insurance companies, savings institutions and community development financial institutions. To learn more about FHLBank Chicago, please visit fhlbc.com.
Contacts
Casey Reidy
312.565.5291
[email protected]
