Supplier Diversity
Supplier diversity is an important component of FHLBank Boston's corporate mission. We have established strong relationships with businesses owned by minorities, women, veterans or individuals with disabilities, realizing they play a critical role in our success as a leading financial institution in New England.
We continue to explore opportunities to partner with new vendors. Information about FHLBank Boston’s requirements and opportunities for diverse suppliers is included below. If you are interested in working with us and do not have official certification as a diverse-owned business, please complete this business classifiation affidavit and submit it here. If you have questions, please contact us.
Diverse Supplier Qualifications
A disabled-owned business is a business that is:
- Qualified as a Service-Disabled Veteran-Owned Small Business Concern as defined in 13 CFR 125.8 through 125.13; or
- More than 50% of the ownership or control of which is held by one or more persons with a disability; and
- More than 50% of the net profit or loss of which accrues to one or more persons with a disability.
A minority-owned business is a business that is:
- More than 50% of the ownership or control of which is held by one or more minority individuals; and
- More than 50% of the net profit or loss of which accrues to one or more minority individuals. Minorities include any Black (or African) American, Native American (or American Indian), Hispanic (or Latino) American, or Asian American.
A woman-owned business is a business that is:
- More than 50% of the ownership or control of which is held by one or more women;
- More than 50% of the net profit or loss of which accrues to one or more women; and
- A significant percentage of senior management positions of which are held by women.
Equal Opportunity
We work hard to develop and sustain a diverse workforce that reflects the members and communities we serve and seek to partner with diverse contractors who can help us deliver exceptional services.
Inclusion Council
Our Inclusion Council is a dedicated group of employee volunteers who increase awareness and engage employees in understanding how diversity and inclusion contributes to our success.
Our Partners
To enhance diversity and inclusion within our workplace, we are proud to collaborate with organizations that keep us connected to diverse vendors and also present opportunities in other aspects of our business.
Investing in Diversity
In addition to a diverse talent pool and supplier base, we are investing in diversity in capital markets and through our housing and economic development programs.
Diversity + Inclusion in Action
This special issue of our Results magazine focuses exclusively on diversity and inclusion.