The FHLB offers a security safekeeping service to its members.
At the request of members, we can obtain market information and quotes on the requested investment type and execute the transaction on behalf of the member. The FHLB does not charge for the trade execution. Book-entry securities are processed through the Federal Reserve Bank. Physical and Depository Trust Company (DTC) securities are held by the FHLB’s safekeeping agent.
Securities statements are prepared as of month-end and include market to market valuations on most securities. Book value/accrued interest statements with month-end information are available before month-end. The FHLB can also facilitate pledges involving both securities or deposits held at the FHLB and provide monthly reports to the member and its designee.
For more information, contact our Correspondent Services Department at 1-800-543-7018.