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FHFA RIN: 2590-AA37 Publication ID: Fall 2010 
Title: ●Voluntary Mergers of Federal Home Loan Banks 
Abstract: Section 1209 of the Housing and Economic Recovery Act of 2008 amended section 26 of the Federal Home Loan Bank Act to permit any Federal Home Loan Bank (Bank) to merge voluntarily with another Bank with the approval of its board of directors, its members, and the Director of the Federal Housing Finance Agency (FHFA). The proposed rule would add a new part 1278 to the regulations of FHFA to govern voluntary mergers of Banks. It would establish required procedures for Banks to follow in order to consummate a voluntary merger, including authorization by the merging BanksÂ’ boards of directors, ratification by the BanksÂ’ member institutions and approval by FHFA. 
Agency: Federal Housing Finance Agency(FHFA)  Priority: Other Significant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 1278   
Legal Authority: 12 USC 1432a, 1446, and 4511   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  12/00/2010    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: www.regulations.gov; www.fhfa.gov   Public Comment URL: www.regulations.gov; or by email at RegComments@fhfa.gov  
RIN Data Printed in the FR: No 
Agency Contact:
Eric Raudenbush
Associate General Counsel
Federal Housing Finance Agency
400 Seventh Street SW,
Washington, DC 20219
Phone:202 649-3084
TDD Phone:800 877-8339
Email: eric.raudenbush@fhfa.gov

Neil Crowley
Deputy General Counsel
Federal Housing Finance Agency
400 Seventh Street SW,
Washington, DC 20219
Phone:202 649-3055
TDD Phone:800 877-8339
Email: neil.crowley@fhfa.gov