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Deposits
 3 Months Ended
Mar. 31, 2020
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 March 31, 2020, and December 31, 2019, were as follows:
 
March 31, 2020
 
December 31, 2019
 
Amount
Outstanding

 
Weighted
Average
Interest Rate

 
Amount
Outstanding

 
Weighted
Average
Interest Rate

Interest-bearing deposits:
 
 
 
 
 
 
 
Adjustable rate
$
574

 
0.01
%
 
$
427

 
1.30
%
Fixed rate
2

 
0.30

 
—

 
—

Total interest-bearing deposits
576

 
 
 
427

 
 
Non-interest-bearing deposits
145

 
 
 
110

 
 
Total
$
721

 
 
 
$
537