|Key Features & Benefits
||When available, this new stock class will give members additional stock redemption flexibility.
Membership requirement based on total assets. This simplified formula eliminates time-consuming paperwork on mortgage asset calculation.
- Converts automatically to B-2 Activity stock to support product usage.
- All B stock not required for activity.
- B-2 stock reflects the stock members are required to own to support an FHLBank Advance, line of credit, letter of credit, or MPP sales (for those MPP sellers that opt-in).
- Converts automatically to B-1 stock when not required.
- Under the new plan, B-2 stock has the potential to pay a higher dividend rate than B-1 or A stock.