12 U.S.C. § 1442 — Member financial information

(a) To help Federal Home Loan Banks carry out this chapter, the Treasury Secretary, Comptroller of the Currency, Federal Reserve Board Chair, FDIC Chair, National Credit^* Union Administration Chair, and Office of Thrift Supervision Director^* must, when a Bank^* asks, confidentially provide available reports, records, or other information about a Bank member^* or an institution with which the Bank has had or expects to have transactions. They may also have their examiners, employees, or agents examine institutions for the Bank’s confidential use. The Comptroller, Federal Reserve Chair, NCUA Chair, and OTS Director must provide member financial reports to the Director or a Bank so they can compile and publish cost-of-funds indexes and other financial or statistical reports.
(b) As a condition of membership, every Bank member is treated as: (1) consenting to examinations required by the Bank or Director; (2) agreeing that local, State^*, or Federal authorities may provide examination reports to the Bank or Director on request; and (3) agreeing to give the Bank or Federal agency^* information needed to compile and publish cost-of-funds indexes and other reports or statistical summaries about Bank members.