IN THIS ISSUE

ROAD NOTES In this audio report from the road, hear an update on what relationship manager Steve McHugh has been finding in his meetings with members in Massachusetts.


Mortgage Partnership Finance Webinars In 2006, participants in the Bank's MPF program can attend online workshops on underwriting, self-employer borrowing, delinquency management, and MPF servicing.

SUMMER 2006

Letters of Credit Using Federal Home Loan Bank of Boston letters of credit instead of securities to secure municipal deposits frees up member assets for other earnings strategies.



First Person: MPF Offers Credit Union More Options Competitive pricing makes MPF a winner at the Pawtucket Credit Union in Rhode Island.


Upcoming Events Visit our Events page to get updates on all of our upcoming training sessions, webinars, and other events.

Member-Centered Banking In recent months, teams from the Federal Home Loan Bank of Boston have been meeting with members throughout New England.



Bank Develops New Advance Product: The Slider Advance's declining-interest-rate feature protects members against margin compression associated with a decrease in short-term interest rates and a decline in yields on assets as deposit costs “floor out.”

Insurance for the Next Falling-Rate Cycle The Slider performs well for members who need more falling-rate sensitivity in their liability structure.



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CDA Provides a Solution
When Bristol County Savings Bank of Taunton, Massachusetts, found loan demand rapidly outpacing deposits, the bank's officers had to choose between reducing new loans or seeking alternative funding.

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