•  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

Overnight Advances

 

Overnight Line of Credit ("OLOC")

A quick source of liquidity to help manage daily cash flows and provide funding for various short-term uses

 

Advantages:

• Same-day access to funds for immediate cash needs
• Low application and annual maintenance fees
• Can be initiated conveniently through 1Link^sm, our secure
  internet banking system*
• Interest rate based on current Federal Funds rate

 

* Currently, members can save 2 bps off the OLOC rate when they initiate their OLOCs through 1Link.