A source of liquidity with easy access and competitive market rates.
- Enables members that participate in the REPO market to utilize the FHLB as a source of finance for this type of funding.
- Minimum transaction size of $15 million.
1 day to 1 year (borrower specified)
Remains fixed rate for entire term of maturity
Actual / 360 day basis
Interest is Paid
Principal is Paid
Principal Prepayment Policy
Submission of Application
A REPO Advance application is required every 12 months
To learn more about our Advance products, contact Jeff Berryman or Lisa Wishart at 800-828-4191.
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