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Deposits
12 Months Ended
Dec. 31, 2019
Deposits [Abstract]  
Deposits Deposits
The Bank maintains demand deposit accounts that are directly related to the extension of credit to members and offers short-term deposit programs to members and qualifying nonmembers. In addition, a member that services mortgage loans may deposit in the Bank funds collected in connection with the mortgage loans, pending disbursement of these funds to the owners of the mortgage loans. The Bank classifies these types of deposits as non-interest-bearing deposits. Deposits classified as demand, overnight, and other pay interest based on a daily interest rate. Term deposits pay interest based on a fixed rate determined at the issuance of the deposit.
Deposits and interest rate payment terms for deposits as of December 31, 2019 and 2018, were as follows:
 
2019
 
2018
 
Amount
Outstanding

 
Weighted
Average
Interest Rate

 
Amount
Outstanding

 
Weighted
Average
Interest Rate

Interest-bearing deposits – Adjustable rate
$
427

 
1.30
%
 
$
240

 
2.10
%
Non-interest-bearing deposits
110

 
 
 
22

 
 
Total
$
537

 
 
 
$
262