Independent Director Elections Results
Grady P. Appleton, Akron, Ohio, has been elected to serve a four-year term as a Public Interest Independent Director. Donald J. Mullineaux, Lexington, Kentucky, has been elected to serve a two-year term as an Independent Director. The terms of both newly elected Directors will commence January 1, 2010. We would like to thank our members for participating in the 2009 Director elections.  


Dividend Declaration and Payment
At its December 17, 2009 meeting the Board of Directors declared a dividend for the third quarter at a 4.50 percent annualized rate. This dividend is based on third quarter earnings of $61.5 million. The dividend payment will occur today, December 17, 2009, in the form of cash and is based on the average stock balance from the third quarter of 2009.


Board of Director's Election Results Announced
At its November 19th meeting, the Board of Directors ratified the results of this year's election of two Kentucky and one Ohio member directors. Re-elected and returning to the Board are:

B. Proctor Caudill, Jr., Director, Kentucky Bank, Paris, KY
Billie W. Wade, Chief Executive Officer, Citizens Union Bank, Shelbyville, KY
William J. Small, Chairman, First Federal Bank of the Midwest, Defiance, OH


FHLBank Awards $11.3 Million in Affordable Housing Funding
FHLBank President David Hehman announced the awarding of 32 grants totaling $11.3 million under the company's Affordable Housing Program (AHP). The funding will allow 22 member financial institutions in the FHLBank's district of Kentucky, Ohio and Tennessee to help create 754 units of affordable housing. For the complete news release, click here.


FHLBank Files Quarterly Report (Form 10-Q)
The FHLBank Cincinnati filed a Form 10-Q for the third quarter ended
September 30, 2009. To access the FHLBank's Form 10-Q and other financial information, click here.


FHLBank Announces Third Quarter 2009 Results
The FHLBank released unaudited financial results for the third quarter ended September 30, 2009. For the full news release, please click here.


FHLBanks' Office of Finance News Release
The FHLBanks' Office of Finance has issued a news release on the Third Quarter 2009 Combined Financial Report. See the release here.


Great American Life Insurance Welcomed as New Member
Great American Life Insurance Company of Cincinnati, Ohio, has been approved for membership at the FHLBank. For the complete news release, click here.