FHLB Trims Fourth QuarterPayout

January 24, 2005, 1:00 a.m. EST 1 Min Read

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CHICAGO - (01/24/05) -- The Federal Home Loan Bank ofChicago said last week it cut its dividend for the fourth quarterto 5.50%. The payout for the third quarter was 6%. The dividendwill be credited to each member institution's account on Feb. 15.The regional FHLB has 707 members, including 57 creditunions.

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