Rachele McDonough

Correspondent Services 

FHLBank Boston offers its members easy-to-use deposit account, securities safekeeping and funds transfer services.

Membership Benefits

We offer competitively priced and efficient services with the added security of dealing with a highly rated depository.

In addition, Federal Home Loan Banks are not FDIC-insured depository institutions and therefore not considered a correspondent under Regulation F. This allows members to extend their overnight credit exposure.

What We Offer:

Deposit Services

Members can select from a variety of deposit products to support cash management needs.

View Deposits

Securities Safekeeping

Members may establish one or more securities Safekeeping Accounts at FHLBank Boston. 

View Safekeeping

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View Rates

Easily access the short- and long-term deposit rates you need to make smart business decisions.

View Rates

Using Online Banking

Deposits and transfers to and from your IDEAL Way account can be completed seamlessly through Online Banking.

Additionally, you can initiate a trade or corporate action and access all your daily and monthly reports. To get you and your colleagues new to Online Banking up to speed quickly, we offer guides and assistance from a team dedicated to helping you conduct your business with us online.

Learn more

Strategies + Insights

Our team is here to help you achieve your funding goals and elevate your strategies.

Female FHLBank Boston employee seated and facing computer screens.

Find the advance that is right for you:

What is your funding goal?

member standing next to FHLBank Boston Chief Financial Officer

Control Standards for Members

Member relationships are valuable to us, and we want to ensure the integrity of your interactions with us. We ask members utilizing our correspondent and deposit services to adhere to these reasonable control standards.

View Control Standards

Cover page of the Products and Solutions Guide

Products + Solutions Guide

Detailed information about our correspondent services can be found in our Products + Solutions Guide.

Read Guide

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Fee Schedule

Learn more about our competitive correspondent services fees. 

View Fee Schedule