FHLB

Announcements

 

FHLB Des Moines announcements include financial news, executive management letters, product and services updates and general business information.

09/23/2014

Voting in the Federal Home Loan Bank of Des Moines (FHLB Des Moines) 2014 Director Election has begun. Electronic ballots were distributed to all eligible voting members on September 23, 2014. Through the election process, members in the states of Minnesota and South Dakota will each fill one member director seat in their respective states. Through a district-wide election, members in all five states will fill two independent director seats. One of the two independent directorships to be filled is designated as a “public interest” independent director. 

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08/12/2014

The FHLB Des Moines Board of Directors approved a second quarter 2014 dividend for both the average activity-based capital stock and average membership capital stock outstanding during the quarter. The dividend approved for activity-based capital stock was at an annualized rate of 3.50 percent. The dividend approved for membership capital stock was at an annualized rate of 0.50 percent.

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08/07/2014

The nomination period for the annual Federal Home Loan Bank of Des Moines Board of Directors closed on August 1, 2014. Based on Federal Housing Finance Agency designations for Bank directors, member director elections will take place in the states of Minnesota, North Dakota and South Dakota and members in... Read More
 
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07/31/2014

The Federal Home Loan Bank of Des Moines is in exclusive discussions with the Federal Home Loan Bank of Seattle about a potential merger. After careful and deliberate consideration, your Board of Directors, along with the FHLB Seattle Board, unanimously approved moving forward with the next step in this process, a detailed due diligence review.

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07/29/2014

On July 29, 2014, FHLB Des Moines released preliminary unaudited financial highlights for the quarter ended June 30, 2014. The Bank expects to file its Second Quarter 2014 Form 10-Q with the Securities and Exchange Commission on or about Tuesday, August 12, 2014. 

In August, the Board of Directors is scheduled to review and approve the second quarter 2014 dividend. A dividend announcement is expected on or about August 12, 2014. Please refer to the Bank's earnings release for more information.

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