Bankers’ Bank of the West handles federal funds transactions as both “principal” and “agent,” thus meeting the needs of community banks by providing both short-term investments of excess funds and the capacity to borrow on a daily basis. Our rates are highly competitive in the open market.
To obtain the best rates possible and help customer banks reduce risk exposure, BBW establishes a list of approved upstream banks. Interest paid on a 360-day basis, and Reg F capital reports are provided quarterly.
We are happy to provide historical fed funds rates to our client banks upon request. Simply email us with the dates for which you want to see rates.
Contact our fed funds staff at 303-291-3770 (800-318-8393) or firstname.lastname@example.org.