The Federal Home Loan Bank of Pittsburgh (FHLBank) announced today that in the fourth quarter of 2013, one new member joined the Bank's cooperative of thrifts, commercial banks, credit unions, insurance companies and community development financial institutions (CDFIs) in Delaware, Pennsylvania and West Virginia.

As an FHLBank member, the National Slovak Society of the United States of America, based in McMurray, Pa., has access to FHLBank's product line of financial services, including low-cost loans (advances), which may be used for community development lending, asset/liability management and general funding.

About the National Slovak Society of the United States of America

The National Slovak Society of the United States of America was founded on February 15, 1890, under its original name, the National Slavonic Society of the United States. The non-sectarian society provides its fraternal family members with financial security via life and annuity products, while offering charitable, cultural, social and educational opportunities that benefit members and their communities. For more information about the National Slovak Society, please visit www.nsslife.org.

About FHLBank Pittsburgh

FHLBank Pittsburgh is a wholesale bank that serves the housing finance and community and economic development needs of its owner-members. FHLBank Pittsburgh provides reliable access to low-cost funds, competitive pricing in the purchase of mortgage loans, correspondent banking, technical assistance, affordable housing grants and other programs so members can better serve their own communities. FHLBank Pittsburgh is privately capitalized and funded and does not use taxpayer dollars. At September 30, 2013, it had 298 members in its district of Delaware, Pennsylvania and West Virginia and approximately $62 billion in assets. FHLBank Pittsburgh is one of 12 Banks in the Federal Home Loan Bank System, established by Congress in 1932 to support the residential mortgage and community development activities of local financial institutions.

FHLBank Pittsburgh
Terri McKay, 412-288-2830
terri.mckay@fhlb-pgh.com