# 12 CFR § 1266.13: Special advances to savings associations

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.13

## Section

- **Citation:** 12 CFR § 1266.13
- **Heading:** Special advances to savings associations
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** 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

## Text

(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)).
(2) Such request must certify that the savings association member:
(i) Is solvent but presents a supervisory concern to the OCC or FDIC, as appropriate, because of the member's financial condition; and
(ii) Has reasonable and demonstrable prospects of returning to a satisfactory financial condition.
(b) Terms and conditions. Advances made by a Bank to a member savings association under this section shall:
(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
(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.
[58 FR 29469, May 20, 1993. Redesignated at 65 FR 8256, Feb. 18, 2000 and further redesignated at 65 FR 44430, July 18, 2000; 81 FR 76298, Nov. 2, 2016]

## Nearby sections

- [12 CFR § 1266.1 § 1266.1 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.1.md)
- [12 CFR § 1266.2 § 1266.2 Authorization and application for advances; obligation to repay advances.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.2.md)
- [12 CFR § 1266.3 § 1266.3 Purpose of long-term advances; Proxy test.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.3.md)
- [12 CFR § 1266.4 § 1266.4 Limitations on access to advances.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.4.md)
- [12 CFR § 1266.5 § 1266.5 Terms and conditions for advances.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.5.md)
- [12 CFR § 1266.6 § 1266.6 Fees.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.6.md)
- [12 CFR § 1266.7 § 1266.7 Collateral.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.7.md)
- [12 CFR § 1266.8 § 1266.8 Banks as secured creditors.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.8.md)
- [12 CFR § 1266.9 § 1266.9 Pledged collateral; verification.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.9.md)
- [12 CFR § 1266.10 § 1266.10 Collateral valuation; appraisals.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.10.md)
- [12 CFR § 1266.12 § 1266.12 Intradistrict transfer of advances.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.12.md)
- [12 CFR § 1266.13 § 1266.13 Special advances to savings associations.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.13.md)
- [12 CFR § 1266.14 § 1266.14 Advances to the Savings Association Insurance Fund.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.14.md)
- [12 CFR § 1266.15 § 1266.15 Liquidation of advances upon termination of membership.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.15.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-12-1266.13. Check the current official text before relying on it. Not legal advice.