Note 2: Organization and Summary of Significant Accounting Policies: Federal Reserve Bank and Federal Home Loan Bank Stock Policy (Policies)

3 Months Ended

Sep. 30, 2013

Policies

Federal Reserve Bank and Federal Home Loan Bank Stock Policy

Federal Reserve Bank and Federal Home Loan Bank Stock. The Bank is a member of the Federal Reserve and the Federal Home Loan Bank (FHLB) systems.  Capital stock of the Federal Reserve and the FHLB is a required investment based upon a predetermined formula and is carried at cost.