Fixed Rate Credit advances help members manage funding needs and mitigate interest-rate risk over a specific period of time ranging from two weeks to 20 years.  The advance is structured as a bullet, with fixed interest payments over the life and principal due at the end.  Additionally, the advance can be customized with caps, floors, amortization, and a forward starting feature.

The Daily Rate Credit (DRC) advance provides immediate access to overnight or short-term funding. Ideal for managing daily liquidity, this advance has no minimum required trade amount or prepayment fee and can be accessed or repaid online through the Bank’s members-only website, FHLBAccess.

A Fixed Rate Credit advance for up to six months provides members with an alternative to deposit markets for short-term funding needs.These advances are great for dealing with unanticipated cash needs and are a low-cost alternative that helps manage liquidity and mitigate risk. Additionally, the same Fixed Rate Credit advances up to six months in term can be borrowed online through the Bank’s members-only website, FHLBAccess.

Residential Available for Sale (RAFS) enables members to establish lendable collateral value on their pipeline of closed residential 1-4 family mortgages awaiting sale into the secondary market. RAFS collateral can be used as a source of mortgage warehouse funding or for any other short- or long-term borrowing need. It’s a reliable, flexible, and easy-to-use means of enhancing borrowing capacity with the Bank.

The AHP General Fund is a flexible source of funding designed to help member institutions and their community partners develop affordable owner-occupied and rental housing for very low- to moderate-income families and individuals. Affordable Housing developers and other organizations partner with our member institutions to seek competitive subsidy funding or low-cost loans. Learn more about the AHP General Fund. 

Members can grow their customer base and mortgage originations while supporting those vital members of the community who help others for a living. Community Partners provides home purchase assistance to current or retired law enforcement officers, educators, health care workers, firefighters, and other first responders; and veterans or active-duty members of the U.S. military or their surviving spouse. Both first-time homebuyers and non-first-time homebuyers may be eligible.

With Community Rebuild and Restore, members can support homeowners in their community whose homes have been damaged by a natural disaster. Community Rebuild and Restore provides up to $10,000 for the rehabilitation of an existing owner-occupied home located in “Major Disaster Declaration” or "Emergency Declaration" disaster areas as designated by the Federal Emergency Management Agency (FEMA). 

With FHLBank Atlanta's First-time Homebuyer product, members can expand their reach into the first-time homebuyer market, originate new mortgages, and help their customers close. First-time homebuyers can use these funds to help cover closing costs and down payments.

FHLBank Atlanta issues Standby Letters of Credit on an institution's behalf to a third-party beneficiary as an independent guaranty of an obligation. The most common usage for this Letter of Credit is for Public Unit Deposit collateral.

The Confirming Letter of Credit confirms, or “wraps”, the member's own letter of credit to a beneficiary, promising to fulfill the obligation to the beneficiary if the member is unable. The Confirming Letter of Credit carries FHLBank Atlanta's high credit rating, strengthening the credit rating of the underlying transaction. The Letter of Credit is often used for bond issuances, reducing the borrowing cost.

Instead of pledging securities, make more efficient use of liquidity and generate higher returns with a Public Unit Deposit (PUD) Letter of Credit. For an annual fee of only 9 basis points, a PUD Letter of Credit collateralizes Public Unit Deposits that exceed FDIC coverage, giving your institution the edge it needs.

Members can access a Daily Investment Account (DIA) to post advance proceeds and repayments, make wire transfers, and enable cash transactions related to securities safekeeping transaction activity.

Send and receive wire transfers to and from other domestic institutions. Our members enjoy same-day credit on all incoming funds.

Members can consolidate securities portfolios, simplify cash management, and immediately pledge eligible securities for advances. Public Unit Deposit pledge services are also available as part of the safekeeping offering.