How to Request a Loan from the Discount Window

Discount Window

The Discount Window is a source of temporary funding available to depository institutions regardless of whether they are a member or have a Federal Reserve account.

• External LinkThe Discount Window General Information
• External LinkDiscount Window FAQs

Learn About Federal Reserve Lending Programs

• External LinkTypes of Federal Reserve Credit
• External LinkMechanics of Borrowing
• External LinkRegulation A, Extensions of Credit by Federal Reserve Banks
• External LinkOperating Circular #10, Lending
• External LinkDownloadable Lending Agreements
• External LinkInterest Rate Information

Use Primary Credit for Short-Term Borrowing

• External LinkOverview
• External LinkTerms and Features
• External LinkEligibility

Use Seasonal Credit for Long-Term Borrowing

The Seasonal Lending Program is designed to assist smaller institutions in meeting funding needs that are generally caused by cyclical fluctuations in loan demand or deposit declines.  The Seasonal Lending Program brochure highlights qualification and program requirements, interest rates, and contact information.

• External LinkGeneral Information
• Data Collection Form
• Program Application Form

Test Your Access

Institutions are encouraged to periodically test their ability to borrow at the Discount Window to ensure there are no complications. If your institution already has the Discount Window in your plans, you can easily complete a test by calling the Credit Risk Management Department at 1-800-333-2987 and requesting a small, one-day loan.