Comment Detail
Date: 10/13/22 First Name: Jody Last Name: Miles Email: jmiles@pvbank.com Organization Type: other Organization: Platte Valley Bank Comment
Our banks (Platte Valley Bank and Mountain Valley Bank) appreciate all the work that Federal Home Loan Bank (FHLB) does to support community banks. However, we encourage the FHLB to update its collateral process. Currently, FHLB staff must come onsite and view physical files to verify wet signatures on collateral. With the prevalence of e-signatures, this practice feels antiquated and is costly. We suggest FHLB allow e-signatures and perform reviews from images and perform most of their work remotely. Thank you for the opportunity to comment.
Official websites use .gov
A .gov website belongs to an official government organization in the United States.
Secure .gov websites use HTTPS
A lock (
) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.