FEDERAL FUNDS RATE
Bankers’ Bank maintains a six month daily history of the federal funds rate.
FEDERAL FUNDS — PURCHASED
At Bankers’ Bank, we offer the ability to sell overnight federal funds to eligible banks through a variety of solutions including unsecured, secured and dual lines.
PURCHASED SOLUTIONS
UNSECURED FEDERAL FUNDS GUIDELINES
- Unsecured lines available
- No need to pledge collateral
- No third-party review fees
- Up to 30 days continuous borrowings allowed
SECURED FEDERAL FUNDS GUIDELINES
- Availability to pledge treasuries, agencies, DTC CDs and select municipal bonds
- Rate decrease
- Up to 90 days continuous borrowings allowed
- External third-party reviewed completed on select pledged securities
DUAL LINES GUIDELINES
- Ability to pledge securities (minimum 50% of approved Federal Funds line) for a position of the borrowing availability
- Availability to pledge treasuries, agencies, DTC CDs and select municipal bonds
- Up to 90 days continuous borrowings allowed on both lines
- Rate decrease for the secured portion
- External third-party reviews completed on select pledge securities
FEDERAL FUNDS — SOLD
We offer a fully disclosed agent federal funds program designed for maximum security of overnight investments through geographic and institutional diversification. This program also offers a competitive return on your overnight investment, mitigates concentration and saves the expense of multiple sales and wire transfers.
SOLD BENEFITS
- Your account can be cash managed, automatically sweeping funds to maximize your return
- Daily electronic advices report purchasing institutions, terms and rates
- Access to Excess Balance Account (EBA) maintained by the Federal Reserve
- Funds are sold to purchasing institutions that are subject to quarterly financial analysis and daily monitoring for safety and soundness
View financial analysis of current eligible institutions:
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Contact Us To Get Started
Contact A Rep
- (800) 388-5550
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