The Federal Home Loan Bank of Cincinnati said its membership has doubled since 1989. The Home Loan Bank recently gained its 700th member, Shore Bank and Trust Co., of Cleveland.

The Financial Institutions Reform, Recovery, and Enforcement Act, passed in 1989, opened membership in the Federal Home Loan Bank System to commercial banks and credit unions with proven records of home lending.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.