Joining the FHLBank Pittsburgh are Morristown, N.J.-headquartered Arch Reinsurance Co.
; Community Powered Federal Credit Union
in Bear, Del.; and Technology Insurance Co. Inc
., a wholly owned subsidiary of AmTrust Financial Services Inc. The new members now have access to the FHLBank’s suite of financial services, including loans which may be used for community development lending, asset/liability management and general funding.
“We are pleased to continue adding to the diversity of our cooperative,” said Winthrop Watson, President and CEO at FHLBank Pittsburg. “We welcome these new members into the Bank and look forward to serving their liquidity, housing finance and community lending needs.”