A life insurance company will be doing more to invest in the Ohio economy.

Western-Southern Life Assurance Company, Cincinnati, a unit of Western & Southern Financial Group, has become a member of the Federal Home Loan Bank of Cincinnati, officials say.

The FHLBank, a regional wholesale bank, helps provide financing to support member financial institutions’ mortgage loans and small business loans.

Western-Southern can use advances from relatively low-cost FHLBank advances to back funding agreements, Western-Southern says.