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BTFP becomes top source of Fed funding

Emergency lending program accounts for over 54% of loans extended to US dealers by the central bank

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US banks offload FHLB advances after record glut in Q1

First Citizens leads shift, Regions bucks trend

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PacWest, Banc of California aim to slash emergency borrowings

Post-merger, the new regional lender could see wholesale funding fall from $16.2bn to $2.9bn

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FHLB advances hit record $1trn as banks scramble for funding

Schwab, Truist and First Republic heaviest users of Federal facility in Q1

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