A securities safekeeping account is one of the many sources of value available to your institution as an FHLBank Atlanta shareholder. Safekeeping services can help you streamline your business relationship with the Bank, reduce costs associated with managing a securities portfolio, and make your interactions with us more efficient.
Whether you pledge securities as collateral for borrowing purposes or simply use FHLBank Atlanta as your custodian, you can gain efficiencies by consolidating all of your securities with us. Through FHLBAccess®, you can use a robust set of online features to transact, manage, and keep track of your securities and activity. Specifically, you can:
- Initiate securities purchases, sales, and interbank transfers between your FHLBank Atlanta accounts through our online portal. We recently introduced a new feature on FHLBAccess that enables you to upload multiple safekeeping purchase or sale transactions at once. This feature can save you time, lower transaction costs, and reduce errors.
- Track and manage safekeeping activity through easy-to-use online reports, including account activity and holdings, cash projections, and pledges.
Streamlining Borrowing and Pledging Activity
Using FHLBank Atlanta as your custodian can streamline your borrowing activity with the Bank. With a safekeeping account, you can immediately pledge securities as collateral for advances and eliminate any potential delays with delivery. You can also use your FHLBank Atlanta safekeeping account to pledge securities for public unit deposits and to the Federal Reserve Bank.
Our highly experienced safekeeping team is dedicated to providing an unparalleled customer service experience. We are focused on meeting your needs as an FHLBank Atlanta shareholder. For more information on how FHLBank Atlanta safekeeping can help you consolidate, streamline, and gain efficiencies, please call us at 1.800.536.9650, ext. 5675.
The Federal Home Loan Bank of Atlanta is not a registered investment advisor. Nothing herein is an offer to sell or a solicitation of an offer to buy any securities or derivative products. You should consult your own legal, financial, and accounting advisors before entering into any transaction.