August 8, 2022
                Rates Go Up, You Lock In
                    
                        By Derek  Layton
                    
            
 
           
            
                
                    
                            
                                    
                                        
                                    
                                
                
            
        
            
    With the Federal Open Market Committee (FOMC) predicting four to five more rate hikes in 2022, our members are looking for ways to protect themselves and their balance sheet.
Many have found value in the Forward Settling Advance (FSA), which hedges against rising rates and provides you an opportunity to lock in before additional FOMC increases.
                                    
                                    Derek  Layton
                                    
                                        Derek Layton joined FHLBank Topeka as a lending operations analyst in 2018. He was promoted to lending officer in 2020.
Derek previously served as the Lead Personal Banker at CoreFirst. He is a graduate of Washburn University.