FAQs - Safekeeping

 

877.933.7803  |  Fax: 785.234.1790 or 785.234.1794  |  FinancialServices@fhlbtopeka.com


Why safekeep Fed book entry securities with FHLBank?

If you settle your Fed book entry securities with us, you don’t have to worry about a daylight overdraft at the Fed. FHLBank Demand Deposit account debits and credits are settled at the end of the day, and unlike the Fed, we allow you to use your Fed book entry securities as collateral for FHLBank borrowings. Additionally, the Fed will not allow pledges to another depository financial institution, thus requiring you to safekeep with an approved third-party custodian. Safekeeping with FHLBank Topeka provides added ease and convenience of pledging your public unit deposits.


Does FHLBank offer third-party pledging?

FHLBank is approved by the states of Colorado, Kansas, Nebraska and Oklahoma to hold securities pledged to public unit deposits. We offer Joint Custody pledging, repo pledging and pledging for special needs. 


Can our securities be segregated from our customers’ securities?

A separate custodial account can be opened to accommodate this request. All payments and fees will still be debited and credited through your Demand Deposit Account. 


Find the answers to your most common questions about FHLBank Topeka and its products and services here. ‚Äč

GENERAL QUESTIONS
About FHLBank Topeka and FHLBank System.


FINANCIAL SERVICES 
Info about QCD forms, collateral, pledging cash and security, etc.

MPF® PROGRAM
For all things loan-related, including Colonial Savings, government loans and eMPF. 

Lending SERVICES
Borrowing, funding, amortizing advances, letters of credit, capital stock, and more. 


WIRE SERVICES 
Everything you ever wanted to know about wires.  

 

Address:

500 SW Wanamaker Road
Topeka, KS 66606

Phone:

785.233.0507

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