•  Overview
•  Credit Products
  •  First Time Borrowers      Guide
  •  Overnight Advances
  •  Short-Term Advances
  •  Medium-Long-Term      Advances
  •  Long-Term Advances
  •  Other Credit Products
•  Correspondent Services
  •  Cash Management
  •  Funds Transfer
  •  Settlement
  •  Securities Safekeeping
•  Acquired Member Assets      Program
  •  Program Description
  •  Benefits
  •  eMPF Website
  •  How to Sign Up
•  Housing & Community
       Lending Programs

Cash Management

 

With the HLB's Cash Management Services, your funds are constantly working for you. Earn interest on all collected funds and receive detailed and timely information about the activity in your accounts.

 

Deposit Programs

The HLB's Deposit Programs can help members increase profits and better manage liquidity needs and investments with greater precision. We offer the following:

 

Overnight Investment Account ("OIA")

The OIA, which is the primary transaction account for members, is one of the most important cash management tools the HLB offers. It is a concentrated account in which all collected balances earn interest daily.

 

Benefits:

• Interest is calculated and paid daily on an actual/actual basis at interest rate tiers [view rates & tiers]
• No reserve or compensating balances are required
• All transactions can be monitored through 1Link, our secure internet banking system

 

Account types include: Custodial Mortgage, Reserve, Accommodation, IBE, Mortgage Partnership Finance (MPF^®) and Member Guaranty.

 

Term Deposits

• The HLB's Term Deposit Program is similar to the OIA except it pays competitive rates to members with longer term investment needs, providing them with fixed-rate maturities from 14 to 365 days. [view rates]

 

For more information, please contact us at (201) 356-1200.

 

 

1Link^sm

1Link is the HLB's secure internet banking system that provides members with a safe and efficient alternate channel for accessing HLB reports and initiating everyday transactions online, such as wire transfers, book transfers, safekeeping, OLOCs and other short-term advances (under 1 year).

 

Members can use 1Link to review, download or print:

• Account balances and transaction detail for the current day and a span of prior days
• HLB stock holdings
• Collateral availability
• Portfolios of outstanding advances

 

In addition, members can schedule automatic delivery of information to themselves or other staff in their institution via e-mail or fax...more

 

For more information, please contact the 1Link Helpdesk at (800) 546-5101.