The Federal Home Loan Bank of Pittsburgh (FHLBank Pittsburgh or the Bank) today announced unaudited financial results for full year and fourth quarter 2018. The Bank recorded net income of $347.2 million for the year 2018 and $78.2 million for the fourth quarter. The Board of Directors declared dividends of 7.75 percent annualized on activity stock and 4.5 percent annualized on membership stock. Dividends are payable to the Bank's stockholders on February 22, 2019.
Senator Pat Toomey and Congressman Guy Reschenthaler were special guests at a panel discussion addressing the resources and partnerships needed to effectively combat the opioid epidemic in Pennsylvania.