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Credit Products
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Correspondent Services
  Deposit Services
  Fed Settlement
  Funds Transfer
  Custodial Mortgage Accounts
Mortgage Partnership Finance
Products and Solutions
Guide Adobe PDF icon
Correspondent Services – Fed Settlement

Have your Federal Reserve Bank transactions settle through FHLB Boston's Federal Reserve Bank account as debits or credits to your IDEAL Way account. Our staff will coordinate documentation with the Federal Reserve Bank and assist in handling adjustments.

Services include:

  • ACH Settlements
  • ATM Settlements
  • Cash Letter Settlement (Outclearing)
  • NOW/Demand Deposit Settlement (Inclearing)
  • E-Bond Redemptions and Purchases
  • Treasury Tax, Loan, and Coupon Collections
  • Coin and Currency Settlement

FHLB Boston can also process ACH transactions presented through the Electronics Payments Network (EPN).

Correspondent Services Forms and Applications
Correspondent Services Control Standards for Members Adobe PDF icon