Search Elements:
- Taxonomy
- us-gaap
- Name
- FederalHomeLoanBankAdvancesMember
- Label
- Federal Home Loan Bank Advances [Member]
- Period Type
- duration
- Type
- dtr-types:domainItemType
- Definition
- Borrowings from the Federal Home Loan Bank, which are primarily used to cover shortages in the required reserve balance and also in times of liquidity shortages. The member institution executes a promissory note, which is generally collateralized by government securities to the Federal Reserve or loans.
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