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Funding-Strategy Model Case Studies
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Learning Portal
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Learning Portal

Welcome to FHLBB's Learning Portal!

It is your online headquarters for learning how to get more from your membership in the Bank.

How To use a Funding-Strategy Model

Our funding-strategy models let you analyze loan and investment returns within the context of seven different interest-rate environments. This online training session will show you how to use a funding-strategy model to hedge interest-rate risk and maximize profitability.

Take the Funding-Strategy Training Session

In order to view and hear the entire training session, you need Flash Player. You can download this free software.

As the training session has an audio component, please make sure your speakers are on and the volume on your computer is turned up. Or, if an audio presentation is not appropriate for your office environment, simply turn off your speakers and follow the text.

Begin your training.

How to Borrow from the Bank

  1. Make sure all required entitlements have been granted. Only staff authorized to borrow from the Bank. Customer Service, the Money Desk, or your relationship manager can confirm your institution's authorized borrowers.

  2. Take note of the borrowing deadlines:

    • Daily Cash Manager — available for same-day funding until 5:00 p.m.

    • Short term and long term advances — available for same-day funding if you contact the Money Desk by noon. For next-day funding, contact the Money Desk by 3:00 p.m.

    • Rollover Cash Manager — available for same-day or next-day funding until 4:00 p.m.

    Depository institution members in Category 3 status are required to submit a Supplement A Adobe PDF icon at least three business days prior to the extension of credit. Insurance company members should contact their relationship manager to determine if similar documentation is required prior to a funding request.

  3. Know your institution's collateral status and availability. If you are unsure of your collateral capacity, you can check your position through our online banking system. You can also contact your relationship manager or the Collateral Department with questions about your collateral status and borrowing capacity.

  4. Know your docket number. Your docket number is the identifying number for your institution at the Bank.

  5. Select the type of advance(s) that best meets your funding needs from our menu of choices. You can also review your funding options with the Money Desk, your relationship manager, or the Strategies Department.

  6. Check the rates. Rates on specials are only available through our daily email or by contacting the Money Desk. If you are currently not receiving the daily email and would like to be on our mailing list, please sign up here or contact your relationship manager or the Money Desk.

  7. When you borrow from the Bank, you are required to purchase activity-based capital stock, which is different from your membership stock requirement. Members are required to purchase activity-based stock in proportion to their borrowings with the Bank.

    The Bank's activity-based stock requirements are as follows:

    • 3.0% of the principal balance of advances with original maturities of one day

    • 4.0% of the principal balance of advances with original maturities of two days to three months

    • 4.5% of the principal balance of advances with original maturities of over three months
  8. When initiating an advance, the Money Desk will indicate a stock purchase requirement. The exact amount of this requirement is available on Online Banking or by calling Customer Service at Office Phone icon 1-800-357-3452 (option 3). Proceeds from the advance can be used to meet the capital stock requirement.

  9. Contact the Money Desk to report the amount and term of your advance(s) request. Advances can be initiated only by an authorized borrower for your institution. The Money Desk staff will also ask you for your docket number.

    Many advance products and current rates are also available through Online Banking. If you initiate an advance through Online Banking, you can transfer the funds from your IDEAL Way account to your recurring wire address at a reduced fee.

  10. Advance funds will be deposited in your IDEAL Way account on the designated disbursement date. To transfer funds to your organization's FED account or another correspondent, use your Fedline Advantage terminal to initiate a Type 1031 drawdown request. If you don't have a Fedline terminal, staff from your organization authorized in the Funds Transfer Delegation form (Exhibit C) can contact the Money Desk with the following information:

    1. Caller ID Found in your PIN form. A PIN form is mailed by Customer Service to staff authorized in the Funds Transfers Delegation (Exhibit C).

    2. Test KeyYour PIN number plus two corresponding numbers from the Group Table. Customer Service emails the Group Table annually to the CFO of the member institution.

    3. IDEAL Way account number

    4. Wire amount

    5. Receiving ABA and Beneficiary account number and name (unless your organization has a Recurring Wire form on file with us)

    It is important to confirm that your PIN is active before you borrow. For your PIN to be active, you need to return the acknowledgement form you received with your PIN number. You can contact Customer Service to confirm that your PIN is active.

    There is a $10 fee to wire funds from your IDEAL Way account ($6.50 through Online Banking). If you plan to borrow on a regular basis, we recommend that you complete a Request for Recurring Wire Adobe PDF icon form.

  11. You can use Online Banking to access information on your advances. Online Banking provides information on outstanding balance, prepayment, accrued interest, and more.

  12. If you have additional questions, feel free to contact your relationship manager for assistance. Your relationship manager can walk you through the process, answer questions, or direct you to other departments if necessary.

Webinars

The Federal Home Loan Bank of Boston uses webinars to keep members up to date on Bank products and services. These online seminars allow members to gain a thorough knowledge of Bank products without leaving their office.