You’ll notice one new feature and another enhancement when you log onto FHLBank Topeka’s Members Only site starting tomorrow.

The new feature, Demand Deposit Account (DDA) Transfers, will allow you to manage funds between your DDA accounts online. The functionality will be similar to the current Overnight Deposit (OND) Transfer and will be available to users with the same permissions.

You will find the new option under Deposits in the top menu of Members Only or by selecting the DDA Transfer button under the top left box.

Once on the DDA Transfer page, you will select which DDA numbers you want to transfer from and to and the desired amount.

Transactions may be submitted between 8 a.m. and 4 p.m. CT. Any user with Deposit Transfer permissions in Members Only will be able to use the new DDA Transfer option.

During the upgrade, we will also lengthen the range for all reports. Currently, a six-day history on reports is available. Most Members Only reports will now be available for 30 business days. Wire reports will have an eight-day history.

If you have any questions about the upcoming enhancements, please reach out to our Lending team at 800.809.2733 or FHLB.Lending@fhlbtopeka.com. We value your feedback as we continue to make improvements.