Credit Products

Our credit products are recognized as among the most cost-effective and versatile in the industry. 

We offer our members a diverse array of flexible, low-cost funding options, with maturities ranging from 1 day to 30 years. Members can use these products to:

  • manage funding costs
  • reduce interest rate, basis, and prepayment risks
  • meet liquidity needs
  • broaden product lines

Members can also use our Letter of Credit products to facilitate a variety of transactions with third parties.

Benefit FRC ARC VRC Amortizing Callable Putable Letters of Credit

Manage funding costs

X

X

X

X

X

 X X

Reduce interest rate risk

X

X

X

X

X

 

X

Meet liquidity needs

X

X

X

        

Fill short-term funding gaps

X

  

X

        

Reduce basis risk

  

X

          

Manage prepayment risk

        

X

    

Match-fund fixed rate loans

X

    

X

X

    

Match-fund adjustable rate loans

  

X

          

Fund mortgage pipelines

    

X