Advances to Streamline Your Lending

Advances are a nearly instantaneous way for members to get the liquidity they need. The size of the Federal Home Loan Bank System allows these advances to be structured in any number of ways, so members can tailor their funding strategies to their specific needs.

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Fixed Rate Advances

Secure stable, reliable funding with locked-in interest rates

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Floating Rate Advances

Fund floating rate loans and manage interest-rate risk

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Hybrid Rate Advances

Meet ALM or hedging needs with flexible, customizable funding

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Insights to Guide Your Strategy

Access timely articles, whitepapers, and podcasts from FHLBank Chicago to stay ahead of product updates and market trends.

What Our Members Are Saying

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“When we have lower rate advances from the Federal Home Loan Bank of Chicago, we can offer a lower rate to our loan customer. The more competitive we can get on the funding side, the more competitive we can get on the asset side for that loan customer as well.”
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Ami Myrland

President and CFO, Capitol Bank

“We have used the Community Advance to help make affordable loans to our customers. It’s the American Dream—people want to own homes, and we want to make it as affordable and easy as we can for our community.
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Ellen Mielke

Executive Vice President and Chief Financial Officer, Fox Valley Savings Bank