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How is my borrowing capacity calculated?
Total borrowings from from the Bank, including a member's
unused IDEAL Way line of credit, should not exceed the value
of a member's qualified collateral that has not been pledged
to outside sources. Please refer to the Borrowing
Capacity section of the Products Policy
How do I set up or increase my IDEAL
Way line of credit?
The Bank typically approves IDEAL Way lines of credit equal
to two percent of a member's assets. To request set up or
increase, please contact the Money Desk at moneydesk@fhlbboston.com
or 1-800-357-3452. Requests for IDEAL Way lines of credit
in excess of two percent of a member's assets must be submitted
in writing.
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