The Bank declared a 9.75% annualized dividend for Class B1 activity stock and 3.75% annualized dividend for Class B2 membership stock. The higher dividend on activity stock aims to lower member borrowing costs.
The Bank declared a 9.75% annualized dividend for Class B1 activity stock and 3.75% annualized dividend for Class B2 membership stock. The higher dividend on activity stock aims to lower member borrowing costs.