{"data":{"id":"us/12-cfr-1266.13","jurisdiction":"us","citation":"12 CFR 1266.13","heading":"Special advances to savings associations.","body":"(a) Eligible institutions. (1) A Bank, upon receipt of a written request from the OCC, with respect to a federal savings association, or from the FDIC, with respect to a state chartered savings association, may make short-term advances to a savings association member pursuant to section 10(h) of the Bank Act (12 U.S.C. 1430(h)).\n(2) Such request must certify that the savings association member:\n(i) Is solvent but presents a supervisory concern to the OCC or FDIC, as appropriate, because of the member's financial condition; and\n(ii) Has reasonable and demonstrable prospects of returning to a satisfactory financial condition.\n(b) Terms and conditions. Advances made by a Bank to a member savings association under this section shall:\n(1) Be subject to all applicable collateral requirements of the Bank, this part and section 10(a) of the Bank Act (12 U.S.C. 1430(a)); and\n(2) Be at the interest rate applicable to advances of similar type and maturity that are made available to other members that do not pose such a supervisory concern.","path":["Title 12—Banks and Banking","CHAPTER XII—FEDERAL HOUSING FINANCE AGENCY","SUBCHAPTER D—FEDERAL HOME LOAN BANKS","PART 1266—ADVANCES","Subpart A—Advances to Members"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"57a446315247211ea84947dafa1d8063420188859726b6c675e3ac98c552b72f","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-1266.12","next":"us/12-cfr-1266.14"},"notice":"GroundRules: Original legal text. Not legal advice."}