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  • Comment Detail

  • Date: 10/19/22
    First Name: Michael
    Last Name: Buttner
    Email: mike_buttner@ucbi.com
    Organization Type: other
    Organization: UCBI

  • Comment

    The FHLB system provides community banks with a stable source of funding through its collateralized funding program. Community banks try to fund their lending business through their deposit network but will use FHLB system regularly to cover short term funding needs. Additionally, access to FHLB funding is critical to stress liquidity programs. The FHLB is funding curve is used as the basis for our FTP process. UCBI fully supports the FHLB system.