Operational Needs?

Count on us!

CorrespondentServ_MoneyImageFHLBI’s Correspondent Services helps you with the day-to-day tasks that keep your financial business flowing smoothly: Automated Clearinghouse services, wire transfers, net settlements, safekeeping—and more! 

Security Safekeeping Book Entry

Let us assist you with Fed, DTCC, and physical security settlements. We’ll process your purchases and sales of securities, collect interest payments, provide principal and interest projections, and provide market values and prices on a daily basis—al through our convenient and secure Member Link. 

Opening a safekeeping account is fast and efficient—usually you’re up and running within one business day. And there are no fees for delivery into a new account; just for subsequent transactions and account maintenance.

Automated Clearinghouse

What do you need? ACH settlement? ACH returns? Notification of changes? ACH originations? All available through your FHLBI account.

CS_Wire​Wire Transfers

Using our connection to the Federal Reserve’s wire system, we can send your funds within the U.S. and internationally, in U.S. dollars or in more than 100 foreign currencies. 



CS_NetSet.Net Settlement

Settle your checking account charges and transit deposit credits from your local Federal Reserve Bank through the FHLBI’s Federal Reserve account.

CS_MoneySackCoin and Currency

Why not let us provide your physical money, too? We’ll even arrange for an armored car to deliver it to any number of branch locations, furnishing most coin and currency supplies as well.


To learn about these and other banking services offered by the FHLBI, contact our Correspondent Services Department at 800-765-0465 or view the department contacts on the Department Directory.

LogoAutomated Clearinghouse

What do you need? ACH settlement? ACH returns? Notification of changes? ACH originations? All available through your FHLBI account.

 

LogoAutomated Clearinghouse

What do you need? ACH settlement? ACH returns? Notification of changes? ACH originations? All available through your FHLBI account.