Letters of Credit

FHLB highly rated Letters of Credit (LOC) provide members with a competitive alternative to using traditional collateral to support public unit deposits and other financial transactions.

Eligible Activities

FHLB can issue or confirm standby LOCs on behalf of members to facilitate the following types of financial transactions with third parties:

  • Public unit deposits
  • Financing of residential housing
  • Community lending
  • Asset/Liability management
  • Liquidity

Types of LOCs

  • Standby
  • Direct Pay
  • Public Unit Deposit Standby

To learn more about our Letters of Credit products, contact Jeff Berryman or Lisa Wishart at 800-828-4191.

Contact Us To Learn More