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New Letters of Credit System Launches October 21
Starting Monday, October 21, you will see more online options for using Letters of Credit (LOCs) with FHLB Dallas. The new system provides online functionality to request direct, custodial and confirmation LOCs, including those with the evergreen, fluctuating balance or community investment options. The new functionality enables you to pledge under a custodial LOC, as well as modify and release pledges. Until now, many of these products could only be requested via fax or email. Additionally, you may now amend LOCs online, increasing the amount or term, as well as upload supporting documentation instead of emailing. You will also have access to expanded reporting options.
To Help in the Transition
FHLB Dallas has made available several training videos and user guides to assist members in using the new system.
Other Resources
Members may also use the training resources below. Is there something we missed? Please use the feedback form below to request additional resources.
Direct Letters of Credit
Get a sneak peak and instructions on using the new Letters of Credit system.
Click here for a cheat sheet for submitting an LOC application in SecureConnect.
Click here for a document that guides members through the basic steps of entering, reviewing and releasing an LOC application.
Certificate of Utilization Quick Guide
Click here for a cheat sheet for submitting a Certificate of Utilization.
Certificate of Utilization Walkthrough
Click here for a document that guides members through the steps to enter, review and release a Certificate of Utilization.
Custodial Pledging Walkthrough
Click here for a document that guides members through the steps to enter, review and release a new or existing pledge on a Custodial LOC.
Click here for a cheat sheet for submitting an LOC application in SecureConnect.
Click here for a document that guides members through the basic steps of entering, reviewing and releasing an LOC application.
Custodial Pledging Quick Guide
Click here for a cheat sheet for pledging a Custodial LOC.
Click here for a cheat sheet for submitting an LOC application in SecureConnect.
Click here for a document that guides members through the basic steps of entering, reviewing and releasing an LOC application.
Click here for a document that guides members through the steps to enter, review and release an amendment.
Click here for a cheat sheet to submit an amendment.
View a document that shows members how to access all the new LOC and Custodial Pledging reports in SecureConnect.
Contact Member Services
A Member Services Associate is ready to serve you. Call 844.FHL.BANK (844.345.2265) or click the button below to connect with an FHLB Dallas representative.
