Federal Funds
- Agent Federal Funds Pool
Bankers' Bank of Kansas maintains a Fed Funds Pool whereby we act as your agent and place your bank's overnight funds with highly rated upstream banks throughout the country. Distributing your funds among a number of banks in the Pool helps lessen your risk of undue concentration of funds while providing a very competitive return. This list of upstream banks is monitored closely and reported to you quarterly. The most recent list approved by BBOK's Board of Directors may be viewed using the Reg F. Information button above.
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Funds may be invested in increments of as little as $1,000.00. Customers that invest more than $5 million receive an additional margin above our standard agent rate. Interest is credited to your account daily. Plus, with the combined impact of the recently available Excess Balance Accounts at the Federal Reserve, you get maximum flexibility and added safety of your overnight investment.
- Federal Fund Sales/Purchases as Principal
Bankers' Bank of Kansas will also sell funds downstream, either secured or unsecured, to assist your bank with its cash management needs. These funds will be sold on an "as available" basis. Unsecured limits are based on bank ratings and are determined quarterly. Secured funding is sold at a lower borrowing rate to those banks pledging qualified securities.
