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  • Comment Detail

  • Date: 10/18/22
    First Name: Stacy
    Last Name: Moore
    Email: stacy.moore@psbnewton.net
    Organization Type: other
    Organization: The Peoples State Bank of Newton, IL

  • Comment

    The FHLB of Chicago is a vital partner in our ongoing operation. They provide products and services that allow us to provide much needed options to our customers. Just as importantly is their funding options that allow us to maintain sufficient levels of liquidity and provide extra liquidity during various business cycles.
    We have used the MPF program for over 20 years, PUD Lines of Credit and consistently borrow to meet short-term funding needs.
    They are vital to our organization and our ability to function.