Rachele McDonough

Correspondent Services 

FHLBank Boston offers a number of easy-to-use services including deposit services, safekeeping and security transactions, funds transfers, and custodial mortgage accounts.

Membership Benefits

We offer a wide range of competitively priced and efficient services that come with the added security of dealing with a highly rated depository.

In addition, Federal Home Loan Banks are not FDIC-insured depository institutions and therefore not considered a correspondent under Regulation F. This allows members to extend their overnight credit exposure.

What We Offer:

Deposit Services

Members can select from a variety of services designed to assist with daily cash management operations.

View Deposits

Securities Safekeeping

Acting as your custodial intermediary, FHLBank Boston can help facilitate the transfer and custody of your securities, as well as arrange for the timely collection and crediting of principal and interest payments through our securities safekeeping services.

View Safekeeping

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View Rates

Easily access the short- and long-term deposit rates you need to make smart business decisions.

View Rates

Using Online Banking

Deposits and transfers to and from your IDEAL account can be completed seamlessly through Online Banking. Additionally, you can conduct safekeeping transactions, such as initiating a trade or corporate action reporting, and access all your daily and monthly reports through Online Banking. To get you and your colleagues new to Online Banking up-to-speed quickly, we offer guides and assistance from a team dedicated to helping you conduct your business with us online.

Learn more

Strategies + Insights

Our team is here to help you achieve your funding goals and elevate your strategies.

Meet Our Advances Team

Find the advance that is right for you:

What is your funding goal?

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Control Standards for Members

Member relationships are valuable to us and we want to ensure the integrity of your interactions with us. We ask members utilizing our correspondent and deposit services to adhere to these reasonable control standards.

View Control Standards

Cover page of the Products and Solutions Guide

Products + Solutions Guide

Detailed information about our correspondent services can be found in our Products + Solutions Guide.

Read Guide

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Fee Schedule

Learn more about our competitive correspondent services fees. 

View Fee Schedule