Federal Home Loan Bank of Indianapolis 8-K/A

What Happened

• The Federal Home Loan Bank of Indianapolis filed an 8-K (Item 5.02) on Jan. 8, 2026 announcing that its Board approved a 2026 Directors’ Compensation and Expense Reimbursement Policy, effective January 1, 2026. The policy received non-objection from the Federal Housing Finance Agency.

Key Details

• Regular director annual fee: $123,000 for directors who attend at least 75% of scheduled meetings/calls.
• Board leadership fees: Chair $160,425; Vice Chair $141,864.
• Committee chair fees: Audit and Risk Oversight Committee chairs $137,000; Human Resources & Compensation chair $133,900; other committee chairs $130,000. Directors chairing more than one committee receive an additional prorated $10,000 per extra chair.
• Policy includes reimbursement of reasonable travel expenses, performance-linked fee reductions for excessive absences or deficient conduct/attendance, and continued eligibility to participate in the Directors’ Deferred Compensation Plan.

Why It Matters

• This filing formalizes director pay and expense rules for 2026, which affect the Bank’s governance costs and board incentives. Investors should note the effective date (Jan. 1, 2026) and that the FHFA has approved the policy; the changes could modestly influence operating expenses disclosed in future reports but do not indicate changes to management or operations.