FALSE000133175400013317542025-08-072025-08-07
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): August 7, 2025
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FEDERAL HOME LOAN BANK OF INDIANAPOLIS
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
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Federally Chartered
Corporation of the | 000-51404 | 35-6001443 |
| United States |
(State or other jurisdiction of
incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
8250 Woodfield Crossing Blvd.
Indianapolis IN 46240
(Address of Principal Executive Offices, including Zip Code)
(317) 465-0200
(Registrant's Telephone Number, Including Area Code)
Not Applicable
(Former name or former address, if changed since last report.)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
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| o | Written communications pursuant to Rule 425 under the Securities Act |
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| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act |
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| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act |
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| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act |
Securities registered pursuant to Section 12(b) of the Act:
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| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| None | None | None |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On August 7, 2025, Cindy L. Konich, President – Chief Executive Officer of the Federal Home Loan Bank of Indianapolis (the "Bank"), notified the Bank that she will retire from the Bank as of the close of business on September 30, 2025.
On August 7, 2025, the Board of Directors of the Bank appointed Brendan W. McGrath, age 48, as President and Chief Executive Officer ("CEO") of the Bank, effective October 1, 2025. Mr. McGrath has served as Executive Vice President - Chief Risk and Compliance Officer of the Bank since September 3, 2024, after having previously been promoted to Executive Vice President - Chief Risk Officer effective January 2021. Previously, he was appointed Senior Vice President - Chief Risk Officer effective May 2020, after having been appointed Senior Vice President - Chief Analytics Officer effective January 2019.
As President – CEO, Mr. McGrath will be paid an annual base salary of $875,000 and and will be a Level 1 Participant under the Bank's 2025 Incentive Compensation Plan. The terms of this plan are described in the Bank's Current Report on Form 8-K, filed with the SEC on January 22, 2025 and a copy of this plan was filed as an exhibit to the Bank’s Quarterly Report on Form 10-Q, filed with the SEC on May 8, 2025.
Item 9.01 Financial Statements and Exhibits.
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Exhibit
Number | | Description |
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| 104 | | | Cover Page Interactive Data File (formatted as inline XBRL) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: August 7, 2025
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| FEDERAL HOME LOAN BANK OF INDIANAPOLIS |
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| | By: | /s/GREGORY L. TEARE |
| | | Gregory L. Teare |
| | | Executive Vice President - Chief Financial Officer |