Highest possible safety Time Deposit instruments are fully backed by the FHLB Chicago.

• Deposits are direct, no management or brokerage fee is necessary - a true wholesale rate.

• Only $50,000 minimum balance: Term deposits require a $50,000 balance.

• Interest is calculated on an actual/360 day basis, paid at maturity for deposits that mature in 454 days or less, and semi-annually for deposits maturing in 455 days or more.

• Terms available: 14 days to two years are quoted daily. Call for terms over two years.

• Rates are quoted daily on the Daily Rate Indications fax and the Rate Information Line. See phone numbers on back page.

• No Regulation F limits: Balances with the FHLB Chicago are exempt from Federal Reserve Regulation F requirements. The FHLB Chicago enjoys the same exempt status from Regulation F as the Federal Reserve System. No other correspondent bank offers this benefit.

• Book-entry only.

• Non-negotiable, other than with the FHLB Chicago.

• Easy to arrange: Simply call the FHLB Chicago's Money Market Desk.