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Home » Store » News » FHLBanks and Their Members Benefit from Surge in Use Of Advances in 3Q07, and That’s Likely to Continue

FHLBanks and Their Members Benefit from Surge in Use Of Advances in 3Q07, and That’s Likely to Continue

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The Federal Home Loan Banks enjoyed an exceptional 10 percent boost in profits system-wide during the third quarter, thanks to a surge in their members’ use of FHLBank advances as the global credit crunch forced financial institutions to scramble for liquidity...
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