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Federal Home Loan Bank System
(redirected from FHLBS)

   Also found in: Financial, Acronyms 0.03 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.Federal Home Loan Bank System - the central credit system for thrift institutions
financial institution, financial organisation, financial organization - an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets
Home Loan Bank - one of 11 regional banks that monitor and make short-term credit advances to thrift institutions in their region


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Importantly, the FHLBS would be required to apply bank supervisory and accounting standards to the savings and loan associations.
As a member lender of the Federal Home Loan Bank of Seattle (FHLBS), HomeStreet Bank partnered with Common Ground on the LaSalle Hotel project, which recently received a FHLBS Affordable Housing Program grant of $321,954.
 
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