Federal Home Loan Bank Become a Member Benefits

Readily-accessible, reliable, and low-cost source of funds, regardless of business cycle
Innovative asset-purchase programs
Discounted funding for affordable-housing and economic-development initiatives
Highly rated letters of credit
Highly rated deposit products
High quality correspondent services
Dividends on capital stock
Asset-liability management, offering strategies for matching/repricing, and funding asset growth
Operational liquidity, including short-term funding of normal business activities
Operating leverage, providing a competitive alternative to GICs and other funding agreements that can be used to support specific assets
Contingent liquidity as a means to increase back-up liquidity and financial flexibility

Benefits of Membership