Today's Rates:

Seattle Bank Advance Offering

Although rates remain at all-time lows, the yield on the 10-year Treasury has increased nearly 50 basis points in just over a month—reminding us of just how quickly things can change. What can you do today to protect your institution against a future rise in rates? Consider adding some duration-defined, fixed-rate funding to your balance sheet. Our discounted pricing on 5-, 7-, and 10-year fixed-rate, bullet-maturity advances offers a great opportunity.

Rates as of Wednesday: 6/19/2013

Contact the Seattle Bank Funding Desk (800.973.6223) for more information and to place your order.

Seattle Bank Auction Advances

Symmetrical Prepayment Advances Now Available!

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The Seattle Bank’s Symmetrical Prepayment Advance allows a borrower to prepay an advance—and realize a gain—if interest rates rise to levels greater than those that existed when the advance was originated. These fixed-rate advances are available in terms ranging from one to 30 years, with funds available same day. The minimum advance balance is $5.0 million (per note), and prepayment is available daily, subject to advance notice.

Rates as of Wednesday: 6/19/2013

Please read the Symmetrical Prepayment Advance funding strategy for more information. Call 800.973.6223 to place your order!

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The Seattle Bank is pleased to announce the availability of Short-Term CIP/EDF Advances. These advances are available in terms ranging from 12 to 35 months and are offered at a discount of 20 basis points from the posted rate.

Sample rates as of Wednesday: 6/19/2013

Contact Member Services at 800.973.6223 for rate quotes for specific terms.

Please visit the CIP/EDF section of our website for program information and complete the CIP/EDF Application to apply. Contact the Community Investment Department with any questions regarding program requirements.

Advances:

Intermediate-Term, Fixed-Rate Advances

Bullet:
Maturity Rate
30 days 0.28
60 days 0.30
90 days 0.31
120 days 0.32
180 days 0.34
365 days 0.43
Auction: As of 6/18/2013
Maturity Rate
28 day 0.26
63 day 0.28
91 day 0.29
182 day 0.32

Long-Term, Fixed-Rate Advances

Bullet: Amortizing:
Maturity Rate CIP/EDF Maturity Rate CIP/EDF
2 year 0.61 See PDF 2 year 0.58 See PDF
3 year 0.89 See PDF 3 year 0.74 See PDF
4 year 1.25 See PDF 4 year 0.94 See PDF
5 year 1.58 See PDF 5 year 1.16 See PDF
7 year 2.29 See PDF 7 year 1.61 See PDF
10 year 3.03 See PDF 10 year 2.21 See PDF
15 year 3.78 See PDF 15 year 2.91 See PDF
20 year 4.15 See PDF 20 year 3.38 See PDF
30 year 4.49 See PDF 30 year 3.90 See PDF

Amortizing rates assume equal principal payments over the life of the advance. Customized amortization is available.

Adjustable-Rate Advances

1-Month LIBOR:
Maturity Standard Spread
1 year 0.21
2 year 0.28
3 year 0.32
4 year 0.39
5 year 0.40
CIP/EDF Spread
See PDF
See PDF
See PDF
See PDF
See PDF

 

3-Month LIBOR:
Maturity Standard Spread
1 year 0.11
2 year 0.18
3 year 0.23
4 year 0.30
5 year 0.32
CIP/EDF Spread
See PDF
See PDF
See PDF
See PDF
See PDF

 

Prime:
Maturity Spread Standard Rate CIP/EDF Spread
1 year -2.76 0.49 See PDF
2 year -2.67 0.58 See PDF
3 year -2.58 0.67 See PDF
4 year -2.46 0.79 See PDF
5 year -2.41 0.84 See PDF

Choice Advance: 28-Day Reset

Maturity Spread Standard Rate
1 year 0.35 0.47444
2 year 0.40 0.52444
3 year 0.45 0.57444
4 year 0.50 0.62444
5 year 0.55 0.67444

Choice Advance: 63-Day Reset

Maturity Spread Standard Rate
1 year 0.35 0.45893
2 year 0.40 0.50893
3 year 0.45 0.55893
4 year 0.50 0.60893
5 year 0.55 0.65893

Short-Term Advances

Maturity Rate
Flexible Overdraft: 2.25
Cash Management (CMA): .550
7 days 0.28
14 days 0.28

Investments

Deposits:
DDA
0.010
Certificates of Deposit:
Maturity Rate
7 day CD 0.035
14 day CD 0.040
30 day CD 0.050
60 day CD 0.070
90 day CD 0.080
120 day CD 0.085
180 day CD 0.100
12 mo. CD 0.100

Money Market

Fed Effective: Prime:
0.12 3.25
11th Dist COFI:
0.970

US Treasury Auction

  Discount Yield
3 month 0.0450 0.0460
6 month 0.0750 0.0760

Prepayable Loan Indicative Index

Our Prepayable Loan Indicative Index is designed to help Seattle Bank members assess the cost of match-funding a prepayable asset. The Index assumes funding of three-, five-, seven-, and 10-year assets that have either quarterly or one-time termination frequencies, commencing one or two years from inception. The Index is updated twice weekly.

Maturity3 Yr5 Yr7 Yr10 Yr
Fixed-rate Bullet Advance0.971.652.343.04
Bermudan (Quarterly Exercise)
1 Year non-call1.292.092.933.77
(Spread to fixed-rate)0.320.440.590.73
2 Year non-call1.181.932.753.59
(Spread to fixed-rate)0.210.280.410.55
European (One-Time Exercise)
1 Year non-call1.241.952.733.51
(Spread to fixed-rate)0.270.300.390.47
2 Year non-call1.181.872.653.45
(Spread to fixed-rate)0.210.220.310.41
Rates as of
(Indications only, Call Funding Desk for Live Indications)
Download Today's Rates
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Place an Order or Inquire About Our Products:

Contact our Business Development Team to find out how our structured advance products can complement your funding mix. Call: 800.340.3452

Contact our Member Services Team to order or inquire about any other advance product. Call: 800.426.7538

Alternatively, please contact any member of our Member Services or Business Development Teams on their direct telephone line.
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International Wire Transfers

The Seattle Bank offers convenient international wire transfers in all currencies for its members.

Outgoing international wires must be initiated by 2:00 p.m. Pacific Time.

Please complete the International Wire Transfer Request and contact Member Services with any questions.

Terms and Conditions

Posted rates are indications only. The Seattle Bank reserves the right to change its rates to reflect market conditions and other factors. Please contact our staff at the numbers listed above for current rate information.