Adjustable based upon the consensus Prime rate (published in Telerate) of the top 30 U.S. commercial banks; spread to Prime will remain fixed over the entire term to maturity

Actual / 360 day basis

Monthly

At Maturity

Prepayable with no fee on June 30th and December 31st or the preceding business day, with two business day notification; any other prepayments may be subject to prepayment fee (equal to the present value of 100% of the lost cash flow from the repayment date to the next prepayment date, based upon the difference between the rate on the advance and the current yield on FHLBank securities of similar maturity)

A Prime Rate Based Advance application is required for each borrowing