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27

Federal Home Loan Bank of Atlanta Declares a 4.91% Dividend for Second Quarter 2017

CONTACT: 
Peter E. Garuccio
Federal Home Loan Bank of Atlanta 
pgaruccio@fhlbatl.com 
404.888.8143

  

Federal Home Loan Bank of Atlanta Declares a 
4.91% Dividend for Second Quarter 2017

 

ATLANTA, July 27, 2017 – The Board of Directors of the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today approved a second quarter 2017 cash dividend at an annualized rate of 4.91 percent.

“We are pleased to announce a strong second quarter dividend as we continuously strive to maximize value to shareholders in their cooperative,” said FHLBank Atlanta Chair of the Board of Directors, Gary Garczynski.

The dividend rate is 3.70 percentage points over the daily average three-month LIBOR yield for the second quarter of 2017. The dividend will be calculated on shareholders’ capital stock held during that period. The dividend will be credited to shareholders’ daily investment accounts at the close of business on August 4, 2017. 

If you have questions, please contact FHLBank Atlanta’s Funding Desk at 1.800.536.9650, ext. 8011. 

About FHLBank Atlanta
FHLBank Atlanta offers competitively-priced financing, community development grants, and other banking services to help member financial institutions make affordable home mortgages and provide economic development credit to neighborhoods and communities. The Bank’s members—its shareholders and customers—are commercial banks, credit unions, savings institutions, community development financial institutions, and insurance companies located in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, and the District of Columbia. FHLBank Atlanta is one of 11 district banks in the Federal Home Loan Bank System. Since 1990, the FHLBanks have awarded approximately $5.4 billion in Affordable Housing Program funds, assisting more than 827,000 households.

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Media Contacts

Sharon Cook 

Chief Marketing Officer

404.888.8173

scook@fhlbatl.com

 
Peter Garuccio

Assistant Director of Corporate Communications

404.888.8143

pgaruccio@fhlbatl.com