Issue Brief: Understanding Advances

The reliable liquidity the Federal Home Loan Banks provide is distributed to members principally in the form of advances (collateralized loans). For more than 90 years, advances have been readily available to members in all economic conditions. Advances benefit...

Issue Brief: Letters of Credit

Federal Home Loan Bank letters of credit (LOCs) are a valuable tool that members can use to support local communities across the country, allowing them to leverage the credit strength of their FHLBank for public good. LOCs are used for a range of purposes, including...