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2021 Community Support Statements

FHFA Community Support Statements are due no later than October 29, 2021. We are encouraging members to complete this as soon as possible to avoid being placed in restricted status. Emails are being sent to contacts containing instructions for completing the statements.

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PDFOvernight Line of Credit Makes Institutions More Efficient Member gains income by staying invested

Even in these times of high liquidity and limited investment options, many FHLBank Topeka members continue to use their FHLBank overnight line of credit (OLOC) to help manage their daily cash position.
 

Union State Bank in Clay Center, Kansas, realized the benefits of doing just that about 20 years ago, which happened to be right after Sandy Fox came on as their CFO.
 

At a local trade meeting they met a consultant who convinced the institution a Fed Funds Sold position was not making any money. They were better off investing and using FHLBank’s OLOC to manage their fluctuating cash needs.

 

 

 

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Jeff Steiner image
Regional Account ManagerJeff Steiner785.478.8170
Jeff Steiner has more than 25 years in the banking industry. A Nebraska native, Jeff has been with FHLBank for nearly 10 years and is a SWGSB grad. He lead the Lending department until 2018 and is currently the regional account manager for Kansas.
 
 

Address:

500 SW Wanamaker Road
Topeka, KS 66606

Phone:

785.233.0507

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