Market Overview

Three New Members Join FHLBank Pittsburgh in the Second Half of 2018


The Federal Home Loan Bank of Pittsburgh (FHLBank) announced today that,
in the second half of 2018, three new members joined the Bank's
cooperative of commercial banks, credit unions, insurance companies,
community development financial institutions and thrifts in Delaware,
Pennsylvania and West Virginia. The variety of member types contributes
to FHLBank's strength and flexibility for its membership and has a
positive impact on a wide range of local communities.

"We are pleased to continue adding to the diversity of our cooperative,"
said Winthrop Watson, President and Chief Executive Officer. "We welcome
these new members into the Bank and look forward to serving their
liquidity, housing finance and community lending needs."

As FHLBank members, Arch Reinsurance Company, Community Powered Federal
Credit Union and Technology Insurance Company, Inc. may now access
FHLBank's suite of financial services. This includes cost loans
(advances), which may be used for community development lending,
asset/liability management and general funding.

About Arch Reinsurance Company

Arch Reinsurance Company (Arch Re) is a leading diversified reinsurer,
with operations in most major global insurance centers. Arch Re offers
treaty and facultative property and casualty reinsurance on a worldwide
basis, including property catastrophe, property, liability, marine,
aviation and space, trade credit and surety, agriculture, accident, life
and health, and other specialty lines of coverage such as terrorism and
political risk. For more information about Arch Re, visit

About Community Powered Federal Credit Union

DPL Federal Credit Union opened in 1962 to serve employees of the
Delmarva Power & Light Company. In 2009, the organization changed its
name to Community Powered Federal Credit Union and expanded its
membership to offer financial services to anyone who lives, works,
worships or goes to school in New Castle County, Delaware, above the
Chesapeake and Delaware Canal. To learn more about Community Powered
FCU, visit

About Technology Insurance Company, Inc.

Technology Insurance Company, Inc. is a wholly owned subsidiary of
AmTrust Financial Services, Inc., which offers specialty property and
casualty insurance products – including workers' compensation,
commercial automobile, general liability and extended service and
warranty coverage – through its primary insurance subsidiaries. For more
information about AmTrust, visit

About FHLBank Pittsburgh

As an intermediary between global capital markets and local lenders,
FHLBank Pittsburgh provides readily available liquidity, as well as
affordable housing and community development opportunities, to member
financial institutions of all sizes in Delaware, Pennsylvania and West
Virginia. The Bank is part of the Federal Home Loan Bank System, which
was established by Congress in 1932 and serves as a reliable source of
funds for housing, jobs and growth in all economic cycles. To learn
more, visit

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