Federal Home Loan Bank of Topeka

Name

Federal Home Loan Bank of Topeka

Legal name

Federal Home Loan Bank of Topeka

Website

https://fhlbtopeka.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Wholesale Cooperative Banking (Government-Sponsored Enterprise)

NAICS

Real Estate Credit (522292)

SIC

Federal & Federally-Sponsored Credit Agencies (6111)

akta.pro primary industry

Public Mortgage Insurance & Government Credit Guarantee Programs (FSALAKAD)

akta.pro secondary industries

Down Payment Assistance (DPA) & Homebuyer Subsidy Programs (FSALAKAE), Affordable Rental & Multifamily Housing Finance Programs (LIHTC/Tax Credits/Subsidized Loans) (FSALAKAF), Rural, Tribal & Special-Population Housing Programs (FSALAKAL)

Keywords

• Wholesale lending advances
• Cooperative banking services
• Affordable housing grants
• Community development financing
• Secondary mortgage market

Headquarters

HQ city

Topeka

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure

Revenue model

1. Advances (Wholesale Lending): FHLBank provides advances (wholesale loans) to member institutions at competitive rates. Advances include overnight lines of credit, term advances, callable advances, and amortizing advances. Revenue is generated through interest income on advances. The bank also offers Community Development Program (CDP) and Community Housing Program (CHP) advances priced below market rates.
2. MPF Program (Mortgage Partnership Finance): Secondary market program allowing members to sell mortgage loans. FHLBank earns fees for loan delivery, credit risk sharing, and credit enhancement services. Members can retain loan servicing for additional income through the MPF Program.
3. Letters of Credit: Letters of credit issued to secure public unit deposits for member institutions, generating fee income.
4. Deposits and Safekeeping Services: Deposit services and safekeeping for business members, generating fee income.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Federal Home Loan Bank of Topeka provides wholesale funding advances, secondary mortgage market execution through the MPF Program, letters of credit, and deposit and safekeeping services to member financial institutions (banks, thrifts, credit unions, CDFIs) in Colorado, Kansas, Nebraska, and Oklahoma. The Bank also administers affordable housing and community development programs, including the Affordable Housing Program grants, the TurnKey suite (HSP, HSP+, HOPE) for first-time homebuyers, below-market CDP and CHP advances, the Native American Housing Initiatives Grants Program, and the 2025 CARE disaster-relief matching program.

Product overview

Federal Home Loan Bank of Topeka operates as a member cooperative providing banking services and community development products to financial institutions in Colorado, Kansas, Nebraska, and Oklahoma. The product portfolio centers on Advances (core wholesale lending products) complemented by Letters of Credit for deposit security and the MPF Program for secondary mortgage market execution. Community-focused offerings include the TurnKey suite (HSP, HSP+, HOPE) for homeownership assistance, Affordable Housing Program grants, the Community Development Program (CDP) and Community Housing Program (CHP) for below-market advances, and the newer CARE Program for disaster relief. Additional services include eNotes for electronic mortgage processing, overnight lines of credit, deposits, and safekeeping. The bank functions as a platform connecting member financial institutions with liquidity, housing support, and community development resources.

Differentiator

Problem solved

Functional benefit

Brands

• TurnKey: A suite of products designed to help address the challenges of attaining homeownership, including HSP (Homeownership Set-aside Program), HSP+ (Homeownership Set-aside Program Plus), and HOPE (Homeownership Possibilities Expanded).
• Community Advance Products
• CARE Program

Products and services

• Advances A suite of fast and flexible wholesale loan products providing liquidity to member financial institutions, including overnight lines of credit, term advances, callable advances, and amortizing advances.
• Letters of Credit Letters of credit issued by FHLBank Topeka to secure public unit deposits for member institutions, generating fee income.
• MPF Program (Mortgage Partnership Finance) Secondary market program that allows member financial institutions to sell mortgage loans; members earn credit enhancement income and may retain loan servicing for additional revenue.
• Deposits An array of deposit services for member business banking needs, helping members manage their liquidity positions.
• Safekeeping Custody and safekeeping services for member assets, featuring expert security measures.
• Community Development Program (CDP) A special advance program providing wholesale loans priced below FHLBank's regular advance rates to finance qualifying commercial loans, farm loans, and community and economic development initiatives; maturities from 4 months to 30 years with a $10,000 minimum.
• Community Housing Program (CHP) A special advance program providing below-market rate financing for owner-occupied and rental housing; maturities from 4 months to 30 years with a $10,000 minimum.
• TurnKey (HSP, HSP+, HOPE) A suite of down payment and closing cost assistance products for first-time homebuyers in Colorado, Kansas, Nebraska, and Oklahoma. Includes HSP (≤80% AMI), HSP+ (High-Cost/DDA ≤80% AMI), and HOPE (≤115% AMI, not limited to first-time buyers).
• Affordable Housing Program (AHP) Grants awarded to build affordable housing communities; FHLBank Topeka awards millions in AHP grants annually to support housing development.
• Native American Housing Initiatives Grants Program Voluntary grant program supporting housing initiatives for Native American communities within the four-state district.
• Community Assistance Recovery Effort (CARE) Program Disaster relief program created in 2025 that helps FHLBank member financial institutions support their communities after FEMA-declared disasters by matching $3 for every $1 contributed.
• Overnight Line of Credit A flexible funding source allowing members to quickly access liquidity through a simple phone call, with competitive rates, ability to pay down anytime, and collateral flexibility.
• eNotes Electronic mortgage notes that simplify the closing process and streamline back-office originations; accepted for mortgage deliveries through the MPF Program.
• FHLBank Topeka Affordable Housing Institute at MSU Denver Educational partnership with Metropolitan State University of Denver providing training and resources for affordable housing development.

Quantifiable outcome

• Elevations Credit Union tripled eNote eligible deliveries to MPF Program
• +6 more outcomes

Named customers11 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Golden Belt BankcoreStrategic or Co-development Partner · 3 September 2025Golden Belt Bank received inaugural CARE Program grant (3-to-1 match) to present $10,000 to Heartland Community Foundation for Ellis County Disaster Fund. Long-standing member since 1934.
• CrossFirst BankcoreStrategic or Co-development Partner · 1 September 2023CrossFirst Bank facilitated $962,000 AHP grant to Shelter KC for facility renovations including mental health center, respite center, and homeless shelter improvements.
• Member Financial Institutions (Banks, Thrifts, Credit Unions, CDFIs)coreChannel Partner/ Reseller/ DistributorFHLBank Topeka operates as a member cooperative with hundreds of member financial institutions across Colorado, Kansas, Nebraska, and Oklahoma. Members access advances, MPF Program, community programs, and other FHLBank products. The partnership enables members to provide affordable credit and housing support to their communities.
• Central Oklahoma Habitat for HumanitycoreStrategic or Co-development PartnerCentral Oklahoma Habitat for Humanity received a $1.5 million FHLBank grant for 2025 Critical Home Repair program, helping elderly homeowners improve home safety and energy efficiency through volunteer and contractor efforts.
• Friends of Johnson County Developmental SupportscoreStrategic or Co-development PartnerFriends of JCDS received $533,785 AHP grant in partnership with member Capitol Federal Savings to support rehabilitation and new construction of seven rental homes for individuals with developmental disabilities across Johnson County, Kansas.
• Kansas State University Net Positive StudiominorStrategic or Co-development PartnerKansas State University's Net Positive Studio (College of Architecture, Planning and Design) designed energy-efficient homes for Friends of JCDS project, including solar panels and sustainable design features.
• Elevations Credit UnioncoreChannel Partner/ Reseller/ DistributorElevations Credit Union sells mortgages into MPF Program since 2017. Highest volume mortgage lender among Colorado credit unions with nearly 180,000 members and over $3 billion in assets. Uses eNotes for two-thirds of originations.
• Federal Housing Finance Agency (FHFA)coreOthersFHLBank Topeka is regulated by FHFA, which establishes requirements for community investment, Affordable Housing Program, and Community Support Program compliance for FHLBank members.
• HUD-Approved Housing Counselors and Education ProvidersminorStrategic or Co-development PartnerTurnKey programs accept homebuyer education certificates from HUD-approved providers, Fannie Mae-approved providers (CreditSmart, Framework), Freddie Mac-approved providers (HomeView), and Habitat for Humanity.
• Heartland Community FoundationminorOthersHeartland Community Foundation serves Ellis, Rooks and Trego counties in northwest Kansas. Received $10,000 CARE grant through Golden Belt Bank for disaster relief efforts.

Scale indicators2 records

Recent moves6 records

Expansion highlights3 records

Market position

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/fhlbanktopeka
• YouTubeyoutube.com/user/FHLBankTopeka
• LinkedInlinkedin.com/company/fhlbank-topeka
• Instagraminstagram.com/fhlbanktopeka

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments21 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Federal Home Loan Bank of Topeka