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  • Comment Detail

  • Date: 10/07/22
    First Name: Barry
    Last Name: Lockard
    Email: barry.lockard@cornhuskerbank.com
    Organization Type: fhlbank
    Organization: Cornhusker Bank
  • Comment

    As a community bank in the state of Nebraska, the FHLBank system is very important to our bank, our customers and our community. We use the MPF program and we use FHLBank Topeka for our liquidity needs. Because of our relationship with FHLBank Topeka, we are able to help build our community by providing loans for small businesses, commercial property development and to assist our customers with home buying.

    We operate in Lincoln, Ne and we do many things to help with local affordable housing needs. Lincoln, Ne has a goal of creating 5,000 new affordable housing units over the next 10 years. Cornhusker Bank is part of the solution for helping the city reach this goal and FHLBank is a vital part of the solution as well. It is because of the secondary mortgage options (MPF program) that allow us the ability to offer long-term mortgage financing to our customers.

    We service over $380 million in mortgage loans and a substantial amount of these loans are in the MPF program. From first time home buyers to helping fund affordable housing solutions, we have counted on the consistency, service and funding from the FHLBank. It has been a cornerstone for helping us fund loans that change lives. Affordable housing and down payment assistance funds have helped expand rental and homeowner opportunities and have provided life changing opportunities in Lincoln, Ne.

    FHLBank is there for our bank to help enable us to serve our community and invest in Lincoln, Ne.