Understand your Seattle Bank borrowing capacity, and ensure your line of credit is ready when you need it.
Seattle Bank members have ready access to reliable, cost-effective funding based
on their available credit, stock, and collateral to support their advances. Regularly
performing a test of your line of credit can verify—for you and your regulator—your
ability to quickly access Seattle Bank funding.
How Can You Test Your Line of Credit with the Seattle Bank?
At the Seattle Bank, we're here for our members—and ready to create a credit
facility tailored to fit your individual needs.
General Line of Credit
Most Seattle Bank members qualify for a general line of credit—a particularly
valuable tool for managing liquidity. With a Seattle Bank line of credit, funding
is just a phone call away. Funds are wired or deposited to your Seattle Bank deposit
account the same day.
A Seattle Bank line of credit allows you to borrow up to a specified percentage
of your institution's total assets or the value of pledged collateral, whichever
is lower. That way, you always know just how much you can borrow.
And there are no annual renewal fees. Unlike a typical line of credit, Seattle Bank
lines of credit don't have specific maturities. Instead, each advance is structured
as an individual loan, with its own term, interest-rate, and call features. This
gives you maximum flexibility for managing interest-rate risk and changing cash
Case-by-Case Credit Facility
For members with unique circumstances, a general line of credit may not be the right
solution. That's why we also offer a case-by-case credit facility. This provides
the convenience of same-day funding, individual advance terms, and low rates, but
is not limited to a specified percentage of assets. The case-by-case facility can
be tailored to fit the needs of specialized lenders, de novo institutions, members
with unique collateral circumstances, or other specific requirements.
Contact a Seattle Bank business development team
member to find out how we can put together the program that is right for