StacksVerified U.S. regulatory reference

12 CFR §1266.14

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
  1. (a)Authority. Upon receipt of a written request from the FDIC, a Bank may make advances to the FDIC for the use of the Savings Association Insurance Fund. The Bank shall provide a copy of such request to the FHFA.
  2. (b)Requirements. Advances to the FDIC for the use of the Savings Association Insurance Fund shall:
    1. (1)Bear a rate of interest not less than the Bank's marginal cost of funds, taking into account the maturities involved and reasonable administrative costs;
    2. (2)Have a maturity acceptable to the Bank;
    3. (3)Be subject to any prepayment, commitment, or other appropriate fees of the Bank; and
    4. (4)Be adequately secured by collateral acceptable to the Bank.