Corporate Governance

The FHLB Des Moines has been in place for more than 70 years. Times filled with economic instability plagued America in the 1930’s. Spurred by the stock market crash of 1929, the United States government devised a plan to aid Americans while supplying a lifeline to the U.S. economy. On July 22, 1932, President Herbert Hoover signed the Federal Home Loan Bank Act, marking the beginning of safety and stability in the savings and loan industry. Within three months of the signing of the Act, the first board of directors met and started the FHLB.

Since our inception, the FHLB has been committed to excellence in corporate governance. We understand that promoting open, honest and direct communications about our financial and management reporting and governance is key to retaining the trust of our stakeholders and achieving our mission of promoting affordable housing in our five state district. We will maintain this commitment today and into the future.