Bulletin No.: 2018-05
March 7, 2018
SUBJECT: Membership Investment Requirement for 2018
The Federal Home Loan Bank of Dallas (Bank) will implement the annual adjustment to members' minimum investment requirements on April 16, 2018. This annual adjustment may increase or decrease the amount of capital stock that individual members are required to maintain.
The membership investment requirement percentage for 2018 will remain at 0.04 percent of each member's total assets as of the most recent year end, subject to a minimum amount of $1,000 and a maximum amount of $7 million. In early April, your institution will receive a separate notification of the new membership investment requirement based on your December 31, 2017 total assets.
The activity-based component of the minimum investment requirement will remain at 4.1 percent of each member's outstanding advances, except for advances that were funded as part of the Bank's special advances offering with reduced capital stock requirements during the fourth quarter of 2015. The minimum investment requirement for those advances will remain at 2.0 percent.
Sanjay K. Bhasin
President and Chief Executive Officer