Comment Detail
Date: 02/22/23 First Name: Joyce Last Name: Lundy Email: jlundy@rollinghillsbank.com Organization Type: other Organization: Rolling Hills Bank & Trust Comment
The FHLB is a vital source of liquidity for banks, especially a small to mid-size bank like ours. We very gladly pledge the acceptable amount of loan collateral to insure the operation of our bank. We do borrow funds, and much like many other Banks, use the FHLB as a part of our contingency funding plan that all banks must have. It would be very detrimental to have any large variation of availability to commercial banks in the mid-west.
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