Comment Detail
Date: 10/19/22 First Name: Grant Last Name: Wachendorf Email: grant.wachendorf@gatewayfirst.com Organization Type: other Organization: Gateway First Bank Comment
The Federal Home Loan Bank has been a crucial partner in allowing our bank to effectively provide low cost mortgage solutions to help put families in homes. FHLB advances allow for efficient access to funding in an ever changing mortgage market, and are reliable supplement during the cyclical drawdowns of a component of our deposit base. The FHLB system plays a critical role in supporting the liquidity and stability of community banks, which allows them in turn to to support the development of their local communities.
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.