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The Future Payment Fund (FPF) is an interest-bearing account into which you can deposit funds to cover future loan payments. When the loan payment comes due, funds can be transferred to make the payment. This account provides an attractive interest rate on excess funds while ensuring that your payments are made on time. There's no minimum balance, and your funds earn a competitive interest rate. You also can withdraw FPF funds for purposes that otherwise would require a new loan or an addition to an existing loan. Such purposes include operating needs, equipment capital and real estate purchases. |
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