12 CFR §1266.14
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (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.
- (b)Requirements. Advances to the FDIC for the use of the Savings Association Insurance Fund shall:
- (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)Have a maturity acceptable to the Bank;
- (3)Be subject to any prepayment, commitment, or other appropriate fees of the Bank; and
- (4)Be adequately secured by collateral acceptable to the Bank.