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  • Comment Detail

  • Date: 07/11/24
    First Name: Parwinder
    Last Name: Virk
    Email: parwinder.virk@firstbanknj.com
    Organization Type: organization
    Organization: First Bank
  • Comment

    In our view, it is very important to have FHLB as our liquidity source. In our past experience, we have relied on FHLB advances whenever we needed to meet immediate liquidity needs. It's a very reliable source of funding.