Our deposit services include demand deposit accounts, overnight deposits and certificates of deposit.
Demand deposits can be used to post:
- advance proceeds, repayments and interest
- MPF Program loan acquisitions, repayments and interest
- security safekeeping purchases, sales and principal and interest payments
- stock activity (i.e., purchases, dividends, redemptions
Overnight deposit accounts provide excellent yield opportunities for investing excess liquidity.
Certificates of deposit are a convenient, short-term investment often used as a pledging vehicle for advances or public unit deposits.
Deposit transactions may be requested until 4 p.m. CT. Call Lending at 800.809.2733 to learn more.