There are many benefits in using the FHLB Chicago's DID account, including:

• No minimum balance: Unlike most correspondent banks, the FHLB Chicago does not require minimum balances. All deposits earn hard dollar interest, not earnings credits.

• All balances earn competitive rates: Used as an alternative market to Fed Funds, the DID account remains attractive and competitive.

• The entire balance earns hard dollar interest daily: Balances earn hard dollar interest that is accrued daily. Interest is credited to the customer's account on the 15th and last calendar day of the month.

• Not subject to Regulation F: Balances with the FHLB Chicago are exempt from Federal Reserve Reg. F requirements. The FHLB Chicago enjoys the same exempt status from Reg. F as the Federal Reserve System. No other correspondent bank offers this benefit.

• Administrative ease: State-of-the-art wire transfer department accepts transactions by telephone or computer. Interest is credited automatically. Statements reflecting daily transactions are available through eBanking, or are sent directly to customers.

• Service corporation: Members with service corporations can open a DID account 'as agent' for their deposit activity.