FHLBank Pittsburgh is Moving Its Headquarters
The Federal Home Loan Bank of Pittsburgh (FHLBank) has announced that it will be relocating its corporate headquarters to One Oxford Centre in Pittsburgh. This move will take effect at the end of business on a Friday, marking the start of a new chapter for the organization.
New Location Details
After the relocation, the new address for FHLBank Pittsburgh will be 301 Grant Street, Suite 2000, Pittsburgh, PA 15219. This centrally located site was chosen to improve operational efficiency and strengthen the relationships with its member institutions.
Contact Information Stays the Same
Even with the transition, FHLBank’s employee phone numbers and the main contact number, 800-288-3400, will not change. This ensures a seamless communication line for members and partners.
Important Information for Members
As the headquarters shifts to the new location, members are reminded to send all written communications to the updated address. This is particularly important for any notifications regarding various agreements, such as the Advances, Collateral Pledge, and Security Agreement that guide member interactions.
Guidelines for Standby Letter of Credit Beneficiaries
Beneficiaries dealing with Standby Letters of Credit (LCs) should make sure that any requests for draws are sent to the new FHLBank address after the move. This will help ensure that these important transactions continue to process without any issues.
FHLBank's Commitment to Community and Development
FHLBank Pittsburgh is committed to bolstering the financial health and growth of its member institutions, which include both commercial banks and credit unions. The bank's services are vital for promoting community lending, housing projects, and economic growth across Delaware, Pennsylvania, and West Virginia.
A Legacy of FHLBank Pittsburgh
Established in 1932, FHLBank has been a key player in the financial landscape, providing essential funding and liquidity. As one of the 11 Federal Home Loan Banks created by Congress, it remains focused on empowering financial institutions and the communities they serve.
Frequently Asked Questions
When is FHLBank Pittsburgh moving to its new headquarters?
The relocation will be effective from October 15, 2024.
What is the new address for FHLBank Pittsburgh?
The new address will be 301 Grant Street, Suite 2000, Pittsburgh, PA 15219.
Will the phone numbers change after the move?
No, FHLBank’s main contact number and employee phone numbers will remain unchanged.
What should members do with written notices after the move?
Members must send all written notices to the new address after October 15, 2024.
How does FHLBank support its member institutions?
FHLBank provides crucial funding and liquidity, helping support community lending and economic development initiatives.