WASHINGTON -- The Federal Home Loan Bank System said its outstanding advances climbed to $100.1 billion on Sept. 30, up 23% from a year earlier. Net interest income rose by 22% in the third quarter, to $729 million, from a year ago.
If revenues continue to grow, the system could pay higher dividends to its 4,216 shareholders, which consist of commercial banks, thrifts, insurance companies, and credit unions.