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Seasonal Credit Program

On this page you will find information about the Seventh District’s Seasonal Credit Program.

About the Program

Under the program, depository institutions may obtain funds through the Discount Window during periods of seasonal need allowing them to carry fewer liquid assets in the off-season and to make more funds available to meet the credit needs of their local community. Credit can be obtained for periods of up to nine months in a calendar year, and there are no commitment fees or other expenses involved in setting up and maintaining a seasonal line of credit, even if it is never used. Read more...

Do You Need Supplemental Funding to Complement Your Seasonal Business?

The Seasonal Credit Program may be of interest to you if your institution experiences regular fluctuations in liquidity because of your customers’ seasonal types of businesses, such as:
  • Agriculture
  • College
  • Construction
  • Municipal financing
  • Tourism 

Does Your Institution Qualify?

If your institution holds less than $500 million in deposits and can demonstrate a clear pattern of recurring seasonal swings in funding needs, then your institution may qualify for the Seasonal Credit Program. Read more...

Do You Need More Information?

Our staff is ready to assist you. Please contact the Discount Window team at the Federal Reserve Bank of Chicago. Read more...

Contact Us
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Having trouble accessing something on this page? Please send us an email and we will get back to you as quickly as we can.

Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322

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