Borrowing Options

All Corporate members may apply for an advised line-of-credit (LOC). Each credit union must complete the necessary documentation, provide requested financial information and be subject to an annual credit worthiness review. Should your liquidity needs change before your next review, contact us at any time.

Get access to additional funding on a term basis by pledging assets as collateral for the loan. Advances are for a specific term and the interest rate can be either fixed or variable – the decision is made at the time of the advance. This loan type does not reduce the member’s advised line-of-credit amount.

This loan type couples a set maturity with a fixed interest rate and grants members access to loans up to 5 years. Term loans help lock in funding costs in a rising rate environment and are an alternative to high cost member certificates.

This loan type couples a principle paydown to maturity with a fixed interest rate and grants members access to loans up to 5 years. Term loans help lock in funding costs in a rising rate environment and are an alternative to high cost member certificates.

Once the credit union has applied for and received an advised LOC, these funds are then available to fund overnight settlement, should liquidity be short. All advances and payments are made on a demand basis, automatically generated, and the interest rate is subject to change daily.

Need to borrow funds against your securities held in safekeeping with Corporate and maintain ownership while you do? As long as you safekeep with Corporate, it’s an option.

AIM can assist you in monitoring your liquidity monthly, quarterly and yearly.
AIM can also assist you in comparing costs between multiple funding sources and coming up with strategies on how to increase your liquidity.  Whether it's attracting funds from your members, non-member deposits, redeeming/selling investments, borrowing (short or long-term) or any other way of attracting liquidity.