LOANS PAYABLE	9 Months Ended
Sep. 30, 2021
DebtDisclosureAbstract
Short-term Debt [Text Block]	NOTE 17 – LOANS PAYABLE The Corporation participates in the Borrower-in-Custody (the “BIC Program”) of the Fed. Through the BIC Program, a broad range of loans (including commercial, consumer and residential mortgages) may be pledged as collateral for borrowings through the Fed Discount Window. As of September 30, 2021, pledged collateral that is related to this credit facility amounted to $1.8 billion, mainly commercial, consumer and residential mortgage loans, which after a margin “haircut” to discount the value of collateral pledged, represents an approximately $1.1 billion of credit availability under this program. With the impacts of COVID-19 on individuals, communities and organizations continuing to evolve, the Fed has taken several actions to support the economy and financial stability of market participants including, among other things, lowering the target range for the federal funds rate and relaunching large scale asset purchases. The Fed Discount Window program provided the opportunity to access a low-rate short-term source of funding in a high volatility market environment. There were no outstanding borrowings under the Fed Discount Window Program as of September 30, 2021.

LOANS PAYABLE

9 Months Ended

Sep. 30, 2021

NOTE 17 – LOANS PAYABLE

The Corporation participates in the Borrower-in-Custody (the “BIC Program”) of the Fed. Through the BIC Program, a broad range of loans (including commercial, consumer and residential mortgages) may be pledged as collateral for borrowings through the Fed Discount Window. As of September 30, 2021, pledged collateral that is related to this credit facility amounted to $1.8 billion, mainly commercial, consumer and residential mortgage loans, which after a margin “haircut” to discount the value of collateral pledged, represents an approximately $1.1 billion of credit availability under this program. With the impacts of COVID-19 on individuals, communities and organizations continuing to evolve, the Fed has taken several actions to support the economy and financial stability of market participants including, among other things, lowering the target range for the federal funds rate and relaunching large scale asset purchases. The Fed Discount Window program provided the opportunity to access a low-rate short-term source of funding in a high volatility market environment. There were no outstanding borrowings under the Fed Discount Window Program as of September 30, 2021.