Collateral Management

Pledging Securities

All members are required to deliver securities pledged as collateral to the Bank’s custodian CitiBank or to a Bank-approved third-party custodian.  

• Members that deliver to the Bank’s custodian (CitiBank) can execute trades using Online Banking.
• Members that deliver to the Bank-approved third-party custodian must execute trades in accordance with their third-party custodian’s instructions.   

Appendix-A of the Bank’s Products and Solutions Guide provides detail regarding the types and values of securities that a member may pledge as collateral. Additional steps are required for pledging municipal securities as noted below.

Municipal Securities

As noted, municipal securities may also be pledged. Please read the Frequently Asked Questions for more detail and use the following forms when pledging municipal securities:

• Municipal Bonds as Collateral - Pledging Requirements
• FORM: Collateral Template for Municipal Securities (this form can be found in Forms + Applications)
• Municipal Bond Real Estate Percentage Analysis (please contact the collateral team for the form)

The following forms will help you with the reporting requirements needed when pledging loan collateral.

1-4 Family Loans

• Template Instructions: Pledging 1-4 Family Residential Loan Collateral
• FORM: Collateral Template for Listing 1-4 Family Residential Loans (this form can be found in Forms + Applications)
• Template Instructions: Completing the Qualified Collateral Report (QCR)
• FORM: Collateral Template for Qualified Collateral Report (QCR) (this form can be found in Forms + Applications)
• Ineligible Loan Worksheet 1-4 Family

Commercial Real Estate (CRE) Loans:

• Commercial Real Estate & Multifamily Pledging Guidelines
• List of Excluded Commercial Real Estate Property Types
• Template Instructions Pledging CRE loans
• FORM: Collateral Template for CRE Loans (this form can be found in Forms + Applications)

Multifamily Loans (5 or more units)

• Commercial Real Estate & Multifamily Pledging Guidelines
• Template Instructions: Pledging Multifamily loans
• FORM: Collateral Template for Multifamily Loans (this form can be found in Forms + Applications)

Home Equity Line of Credit (HELOC)/Home Equity Loans (HEL):

• HELOC and HEL Pledging Guidelines
• Template Instructions: Pledging HELOC and HEL Loans
• FORM: Collateral Template for HELOCs and HEL Loans (this form can be found in Forms + Applications)

Preparing for Onsite Loan Reviews

• Collateral Review Frequency & Preparation

For collateral that you would like released, please be sure to review this process, and complete one of the following forms (found in the Forms + Applications section), and remit it to our Collateral department.

• Collateral Request to Release Pledged Loan(s)
• Collateral Consent to Release Securities (approved third party custodians only)
• Consent to Release Cash