Line of Credit

 

FHLBank Topeka’s Line of Credit is a flexible borrowing line that allows you to draw or pay down funds daily. Whether you need daily funding or longer liquidity, our Line of Credit is fast and easy to use.

 

 

Draw on Your Line

 

 

 

  Line of Credit Fast Facts

 

 

  • Fast  |  Funds are placed in your account in a matter of minutes.
     

  • Convenient Draw and Pay Down Options  |  Call Lending or use Members Only.
     

  • Small Minimum Draw Size  |  Only $100,000 is needed to draw on the line of credit.
     

  • Low Dividend-adjusted Cost  |  Your rate is lower when you consider your dividend.
     

  • No Maturity Date  |  Keep the funds as long as you need them.
     

  • Shorter Maturities than the alternative  |  A three-month maturity is typically the shortest available for brokered deposits. With the line of credit, it is one day.

 

 

 

  Resources


A New Way to Draw in Members Only 
 

  Test Your Line of Credit with FHLBank

 

 

  • Make sure you can quickly access funding.
     
  • Identify untapped sources of collateral on your balance sheet.
     
  • Demonstrate to regulators that you have a source of contingent liquidity (complete with documentation you can share).
     
  • The test costs about $1 and takes just a few minutes.

     

Address:

500 SW Wanamaker Road
Topeka, KS 66606

Phone:

785.233.0507

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