Additional Information
Today the HLB has gained greater acceptance of the L/C program by working with municipal trade organizations to increase municipal awareness and acceptance of the L/C, such as: the Government Finance Officers Association of New York State, the New York State Association of Counties, the New York State Conference of Mayors and Municipal Officials, the Association of Towns of the State of New York, the New Jersey League of Municipalities, and the New Jersey Conference of Mayors.
HLB representatives have attended and spoken at events hosted by many of these organizations and continues to place advertisements and articles in their publications. Click here to check out published HLB articles about the L/C program.
The HLB would also be happy to schedule a workshop for member institutions and their municipal customers to discuss the history of the Federal Home Loan Bank System, the uses of an L/C, and the issuance process. Contact your Calling Officer at (212) 441-6700 to arrange a meeting.
The following resources pertaining to HLB L/Cs are also available:
L/C Fact Sheet for HLB Members
L/C Fact Sheet for Municipalities
| Related HLB Advantage Articles: | |
| June 2009 | Introducing a New Type of Letter of Credit – the Refundable Municipal Letter of Credit |
| October 2008 | HLB Letters of Credit Now Available for Tax-Exempt Municipal Bonds |
| July 2008 | HLB Members Increasingly Taking Advantage of Municipal Letters of Credit |
| May 2006 | HLB Municipal Letters of Credit: A Valuable Alternative for Securing Municipal Deposits |
| July 2004 | Form a Strategic Alliance with an HLB Letter of Credit |