LiquidYield Deposits: Access to Liquidity with a Higher Yield
LiquidYield is a one-year term deposit that provides members with an opportunity to earn a higher yield without sacrificing access to immediate liquidity. The initial rate on the LiquidYield deposit is set above the IOER rate at the time the deposit is placed by 5bps and pays a return based upon a predetermined step-up schedule each month.
At any time during the term of the deposit, members can:
- Leverage LiquidYield as collateral for advances borrowing
- Utilize it to satisfy regulatory requirements for short-term liquidity needs