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Note 1: Nature of Operations and Summary of Significant Accounting Policies: Federal Home Loan Bank Stock (Policies)
12 Months Ended
Dec. 31, 2016
Policies  
Federal Home Loan Bank Stock

Federal Home Loan Bank Stock

 

Federal Home Loan Bank common stock is a required investment for institutions that are members of the Federal Home Loan Bank system.  The required investment in common stock is based on a predetermined formula, carried at cost and evaluated for impairment.