Deposits

Our deposit services include demand deposit accounts, overnight deposits and certificates of deposit.

Demand deposits  can be used to post:

• advance proceeds, repayments and interest
• MPF Program loan acquisitions, repayments and interest
• security safekeeping purchases, sales and principal and interest payments
• stock activity (i.e., purchases, dividends, redemptions)
   

Overnight deposit accounts  provide excellent yield opportunities  for investing excess liquidity.

Certificates of deposit  are a convenient, short-term investment often used as a pledging vehicle for advances or public unit deposits.

Availability    —  Deposit transactions may be requested until  4 p.m. CT. Call Lending at 800.809.2733 to learn more.