Advances

The Federal Home Loan Bank of Chicago has many different advance plans for members to chose from. Below are term sheets describing the advance plans we offer. Many of thep lans may be tailored to meet specific needs. Members may refer to the Products and Borrowers Guidelines, which are available on our secure eBanking website, for product guidelines, applications, and forms.


Available Products


Floating Rate Advances»
Plan A010: Open Line of Credit
Plan A011: Fixed Term Daily Floating Rate
Plan A120: Short-Term
Plan A380: Prepayable LIBOR Floater
Plan A400: LIBOR Floater
Plan A410: Other Adjustables

Fixed Rate Advances»
Plan A121: Fixed Rate, Fixed Term
Plan A260: Structured Payment
Plan A280: Stepped Rate
Plan A290: Mortgage Partner/Manager/Tracker
Plan A291: Monthly Amortizing

Advances with Other Embedded Options»
Plan A122: Callable Fixed Rate
Plan A390: Capped Floating Rate
Plan A402: Collared Floating Rate
Plan A403: LIBOR Floor

Putable Advances »
Plan A123: Fixed Rate Putable
Plan A124: Strike Rate Putable
Plan A370: Floating-to-Fixed Putable
Plan A401: Convertible Floating Rate LIBOR

Standby Liquidity Commitment »

Supplementary Information »


Pricing


The interest rates on advances are applied consistently and without discrimination to all members, and are made available to members daily on the FHLBC's eBanking website. Posted interest rates are indications only and may be changed at any time to reflect current market conditions.

Members may obtain current interest rates on advances by logging into the FHLBC's eBanking website or by contacting:

Relationship Management Banking Group (312) 565-5689
Credit Operations (312) 565-5750
Toll Free (800) 621-7592


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