If the FHLB of Seattle merges into the FHLB of Des Moines, it would be the system's first voluntary merger.
San Jose-based credit union sponsors a $25,000 FHLB Affordable Housing Grant that completes financing for Habitat home recipients.
FHLBs say credit union members have been asking them to seek inclusion as emergency liquidity providers.
Why be concerned about your credit union’s liquidity now? Because rising interest rates are likely to be accompanied by flight-to-safety funds inflow.