Comment Detail
Date: 10/21/22 First Name: Steve Last Name: Smith Email: Ssmith@southpoint.bank Organization Type: other Organization: SouthPoint Bank Comment
We actively use the Atlanta FHLB to provide liquidity to fund our loan request. The FHLB is a reliable source for funding loans in the Community Bank world. We depend on them for guidance, training , and their ability to take loans as collateral to continue to fund loans in our community. We would not be able to provide the loans that we do now and in the future if the FHLB was not available to us for our use. Please email and set an appointment to discuss if any changes to the FHLB system were to be contemplated.
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