Events

The New and the Old: Enhanced Letter of Credit Capabilities and the “Back-to-Basics” of Wholesale Funding
A complimentary Web seminar for Seattle Bank members.

Join Seattle Bank staff for this informative discussion of two very timely topics.

• Using Seattle Bank Confirming Letters of Credit to Procure Low-Cost Funding for Tax-Exempt Issuers
  Historically, many communities have used municipal bonds to facilitate economic development. Now, with the recently passed Housing and Economic Recovery Act of 2008, municipal bonds that are enhanced by a Federal Home Loan Bank can be accorded tax-exempt status. This means that as a Seattle Bank member, you can assist your customers in the funding of projects and services that address essential community needs relating to infrastructure, public safety, health care, and education. Find out how your financial institution can procure confirming letters of credit to help your tax-exempt customers procure low-cost funding, and be accorded an attractive credit rating.
  
  
• Wholesale Funding – Getting Back to the Basics
  Over the past several months, we have been subject to the all-too-many clever acronyms (CDO, CLO, SIV QSPE, etc.) that mask complex terms in a financial world that is craving simplicity. This seems like a good time to focus on customized funding structures that address “Main Street” issues of funding flexibility, cash flow customization, and same-day funding. Among the issues we will discuss will be finding solutions for hedging unwanted interest rate and prepayment risk and match funding the cash flows of your borrowers.

WHO SHOULD VIEW THIS ARCHIVED WEB SEMINAR
This presentation is designed for Seattle Bank member CEOs, CFOs, Chief Lending Officers, and Chief Credit Officers.

View archived presentation (with audio)
View and print presentation slides (pdf)