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.


Maturities up to 1-Year


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


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.