We are just beginning to look into eSign software for our commercial and consumer loans. We currently pledge loans to both the Federal Reserve and FHLB. I'm hearing that they do not accept electronic signatures. Are any of you currently pledging loans to either AND using digital signatures for loans that are pledged to them? If so, what has your experience been with them when it comes to audits?

I think this is the latest from FHLB: https://www.fhlbmpf.com/about-us/news/details/2019/01/16/mpf-announcement-2019-07

We had a FLHB audit this past fall and they told us there is no intention of removing the wet signature requirement anytime in the future, but had no specific reason for not adapting.

This article from the Chicago FHLB sounds like they are closer to accepting eSignatures.

https://www.fhlbc.com/news/details/...within-the-federal-home-loan-bank-system