Correspondent Services
Keep Your Expenses in Check with the HLB’s Correspondent Services
The HLB is a provider of high quality Correspondent Services. We offer members a comprehensive array of services to help effectively manage cash positions and improve profitability.
Our services provide members with a unique opportunity to consolidate many of their financial activities with one correspondent bank. The HLB's fully-integrated Correspondent Services are cost efficient, attractively priced and flexible. In addition, they do not require compensating or reserve balances and provide our members with "hard dollar" interest on all collected balances, not earnings credits many correspondent banks.
The HLB offers the following Correspondent Services:
- Overnight Investment Account ("OIA")
- Term Deposits
- 1Linksm
- Funds Transfer
- Settlement
- Securities Safekeeping