Short-term fixed-rate advances provide members with an alternative to deposit markets for short-term funding goals. These advances are used to handle everyday liquidity needs.

Term

Maturities up to 1-Year

Rate

Remains fixed for entire term of maturity

Interest is Paid

Monthly and/or at Maturity

Principal is Paid

At Maturity

Principal Prepayment Policy

May prepay subject to applicable prepayment fees described in the Repayment Procedures section of the Credit Policy

Application

Call FHLBank Indianapolis by 11:00 am ET for same banking day funding

 

Contact Us

For more information or questions about our products, call the FHLBank Indianapolis Advances Desk at 800.442.2568.