Great Lakes Bankers Bank will sell Fed Funds to your bank on a short term basis to meet special funding needs. In addition, we can assist your bank in diversifying its daily Fed Funds investment in a number of quality money center banks. Your bank receives a very competitive rate of return supported by a weekly statement that thoroughly summarizes your investment position. The Agent Fed Funds program was custom designed to meet community bankers' needs. We also offer a Principal Fed Funds program in which you sell funds directly to our Bank.
 

Agent Fed Funds

This program provides you with the opportunity to combine your fed funds with those of other community banks to leverage an attractive rate of return on your investment.

The agent fed funds program works as follows .... Banks direct their fed funds to Great Lakes Bankers Bank where they are accumulated into a "pooled" account. Great Lakes Bankers Bank acts as the managing agent of this fed funds pool to obtain an attractive rate of return while meeting the diversification of risk obligations.
 

Your Risk is Spread

The Agent Fed Funds pool is split between 6-15 creditworthy banks daily.

Great Lakes Bankers Bank has established an account relationship with some of the most highly regarded banks in the nation. They aggressively deal in fed funds. They are rated by outside sources as well as meeting our own strict standards. Great Lakes Bankers Bank is your one source to maximize your diversification and yield on fed funds.
 

Your Income is Known

Although you are significantly diversifying your risk, the rates paid on these funds remain competitive. Why? Because all funds in the Agent pool are leveraged to receive the maximum amount possible on every given day.
 

Here is a very important point to consider:

...you can consolidate all of your fed fund activity without the risk of concentration.
 

You receive daily accounting information that shows the proven results of your participation.  You can easily see, and quickly discover, the advantages of participating in the Agent Fed Funds program where you always receive...

Competitive Rates While Diversifying your Risk!