Commitment
The Federal Home Loan Bank of Chicago is committed to supplier diversity. We strive to partner with businesses owned by minorities, women, veterans, people with disabilities, and members of the LGBTQ community. Our suppliers are cost competitive, value strong customer service, and are dedicated to excellence.
View a list of products and services typically purchased by FHLBank Chicago here.
Vendor Sourcing Opportunities
Please respond to the below opportunities by completing our Prospective Vendor Submission Form or by emailing vendormanagement@fhlbc.com prior to the deadline date for each opportunity.
The Bank is seeking interest from qualified consulting firms to support its evaluation and development of the Bank’s fair lending/fair housing compliance management framework, including policies and procedures, data collection for reporting and associated controls, development of fair lending training for applicable Bank staff, and analysis of existing oversight framework of policies and procedures (“Deliverable”).
Note that the Bank is seeking two sets of the Deliverables:
(1) For the Bank’s financial products, including its purchase of mortgage loans, and
(2) For its role as the administrator for the MPF Program.
If you meet the below requirements, please respond by completing the Prospective Vendor Submission Form below and (RITM0113974 Fair Lending Compliance Program Framework RFP) or by sending an email to mbowman@fhlbc.com prior to 5:00 pm CST on April 5, 2024.
Must have requirements:
- Ideal consultant qualifications include substantial fair lending/fair housing expertise and experience developing fair lending/fair housing compliance management systems, ideally for secondary market consumer mortgage programs.
- Consultant must understand or be willing to be educated about the Federal Home Loan Bank System and its unique role in the industry.
- Consultant must be willing to travel onsite to the Bank’s location as needed and/or requested.
- Consultant must be willing to participate in the Bank’s in a third-party risk assessment, including but not limited to an information technology and/or information security review prior to contracting.
- Consultant must also be willing to enter into an agreement that addresses confidentiality, and otherwise meets the Bank’s regulatory contract clause requirements.
Preferred Qualities:
For any of the opportunities above, please include in your response that you have experience, status and/or qualifications to meet the following preferred qualities:
- You are a *diverse vendor (minority owned, woman owned, veteran owned, etc.).
- Certifications in third party risk management, strategic sourcing and contract management
- You are based in Chicago or you can staff some members on-site if needed.
*(A Diverse Vendor is defined as (a) that is more than 50% owned, controlled, and operated by one or more diverse individuals who are U.S. citizens or Legal Resident Aliens; (b) whose business formation and principal place of business are in the US or its territories; or (c) whose management and daily operation is controlled by one or more diverse owners. The Bank identifies the following Diverse Vendor categories:
- Minority-Owned Businesses
- Women-Owned Businesses
- Disabled-Owned Businesses
- Service-Disabled Veteran-Owned Businesses
- Non-Disabled Veteran-Owned Businesses
- Lesbian, Gay, Bisexual or Transgender-Owned Businesses
Prospective Vendor Submission Form
Please fill out the form below to be added as potential vendor for future upcoming sourcing opportunities.
Governance and Control Assurance Program
To obtain a copy of FHLBank Chicago’s Governance and Control Assurance Program document, please complete the form on our Governance page.
Vendor Issues
Reporting Illegal/Unethical Activities
To communicate concerns about possible unethical or illegal activities, please call 866.294.5579 or visit www.EthicsPoint.com and select Vendor Issues.
Equal Opportunity and Complaint Procedure
Pursuant to FHLBank Chicago’s Equal Opportunity Statement, FHLBank Chicago is committed to providing equal opportunity, regardless of race, color, national origin, ancestry, religion, sex, gender identity, sexual orientation, marital status, pregnancy, status as a parent, age, disability status, medical condition, genetic information, military affiliation, veteran status, or any other status protected by applicable federal, state, or local law.
Complaint Procedure
FHLBank Chicago prohibits retaliation or reprisal against any party who files a good-faith complaint or other concern regarding violation of the Equal Opportunity Statement. Complaints of discrimination during any aspect of the contracting process or in the administration of a contract must be submitted to Ethics Point by calling 866.294.5579 or visit www.EthicsPoint.com and select Vendor Issues.
The complaint should be as detailed as possible, including the name(s) of the individual(s) involved, the names of any witnesses, and any supporting documentation .
Any reported allegations of unlawful discrimination will be investigated promptly, thoroughly, and objectively by FHLBank Chicago. Misconduct constituting unlawful discrimination will be dealt with appropriately, as FHLBank Chicago determines, depending on the circumstances.