The Federal Home Loan Bank of Pittsburgh (FHLBank Pittsburgh) is one of 11 regional banks in the Federal Home Loan Bank System, a U.S. government-sponsored enterprise created in 1932. FHLBank Pittsburgh is a privately capitalized cooperative that provides its member financial institutions in Delaware, Pennsylvania, and West Virginia with a reliable source of wholesale funding. This funding supports housing finance, affordable housing initiatives, and community and economic development, enabling local lenders to offer more affordable mortgages, support small businesses, and invest in their communities.
Serves as the primary operational and administrative center, overseeing all financial services, member relations, risk management, IT, and strategic initiatives for its district.
Strategically located in a prominent building in Pittsburgh's primary business and financial district, offering modern office facilities designed for a financial institution.
A professional, collaborative, and mission-driven environment. Employees are typically focused on financial expertise, member service, risk management, and community impact, upholding values of integrity and stewardship.
The headquarters is vital for the economic health of its three-state district (DE, PA, WV) by providing essential liquidity and financial products to its member institutions, thereby supporting the regional housing market and community development efforts.
Federal Home Loan Bank of Pittsburgh's operations are primarily focused on serving its member financial institutions within its designated U.S. district, which includes Delaware, Pennsylvania, and West Virginia. It does not have international offices or a global operational footprint, as its mandate is centered on the U.S. housing finance system and local community development within its specific region.
601 Grant Street
Pittsburgh
Pennsylvania
USA
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As of April 2025, Federal Home Loan Bank of Pittsburgh' leadership includes:
Federal Home Loan Bank of Pittsburgh has been backed by several prominent investors over the years, including:
FHLBank Pittsburgh announced one key executive appointment in late 2023, effective January 2024, with Joseph L. Gallo taking on the role of EVP, Chief Risk Officer and Chief of Staff. No high-profile executive departures were publicly announced during this period, indicating team stability.
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Federal Home Loan Bank of Pittsburgh likely uses standard corporate email formats. The most common format is typically a combination of the employee's first and last name, or first initial and last name, followed by '@fhlb-pgh.com'.
first.last@fhlb-pgh.com (e.g., john.doe@fhlb-pgh.com) or finitiallastname@fhlb-pgh.com (e.g. jdoe@fhlb-pgh.com)
Format
winthrop.watson@fhlb-pgh.com
Example
85%
Success rate
FHLBank Pittsburgh Press Release • January 25, 2024
The Board of Directors of FHLBank Pittsburgh approved a cash dividend for the fourth quarter of 2023 at an annualized rate of 9.00%. This decision reflects the Bank's strong financial performance and ongoing commitment to providing value to its member institutions....more
FHLBank Pittsburgh Press Release • November 16, 2023
FHLBank Pittsburgh announced the allocation of $36.6 million through its Affordable Housing Program (AHP) to support 52 housing projects across Delaware, Pennsylvania, and West Virginia. These funds will help create or preserve over 2,000 units of affordable rental and for-sale housing....more
FHLBank Pittsburgh Press Release • November 2, 2023
FHLBank Pittsburgh announced that Joseph L. Gallo has been appointed Executive Vice President, Chief Risk Officer and Chief of Staff, effective Jan. 1, 2024. Mr. Gallo previously served as Senior Vice President and Deputy General Counsel....more
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