Starting Thursday, Aug. 8, new online forms will be live under the Collateral menu of FHLBank Topeka’s Members Only site. The three Collateral Activity forms can be used by anyone with the Collateral Pledge and Release role:
- Collateral Activity – CD
- Collateral Activity – OND
- Collateral Activity – Securities
Previously, you pledged and released collateral using the Collateral Activity Report form available in Microsoft Word. This meant you needed to download the file, fill out your request, sign it and then email it back. The new forms allow you submit your collateral pledges and releases online. Your Members Only authorization eliminates the need for the signature step.
Here are a few things to know about the new forms:
- The deadline for same-day action stays the same at 3 p.m. CT. Forms can be submitted after 3 p.m. but will be processed the next day.
- To provide added assurance that you’ve entered the information correctly for the CD and OND forms, you will need to press Submit twice. The first time will prepare your request, and the second time will allow you the opportunity to confirm your information. Look for the confirmation message at the top of the screen saying your request has been submitted.
- The Securities form is a little different. To simplify the process with multiple securities, an Excel form is available within the form. Instructions are provided on-screen to guide you through your updates. Because a preview of the uploaded form is provided during this process, you will only need to press submit once for the Securities form.
We are pleased to release this next step in our digital transformation. Watch your email for future enhancements later this year.
If you have any questions on this new streamlined process, contact our Collateral and Safekeeping Operations team at CSO@fhlbtopeka.com.
