About Us

Board of Directors

Affordable Housing Advisory Council

Executive Team:
President & CEO

EVP / Chief Capital Markets Officer

EVP / Chief Financial Officer

EVP / General Counsel and Chief Risk Officer

EVP / Chief Business Officer



About Us: Executive Team


Executive Bios

 



Richard S. Swanson

President & CEO

Dick Swanson joined FHLB Des Moines as President and CEO June 1, 2006 equipped with years of experience as an attorney, veteran bank CEO and former director of the FHLBank of Seattle.

Under his leadership as Chairman and Chief Executive Officer of HomeStreet Bank in Seattle, Washington from 1990 until 2003, HomeStreet became the largest privately held bank in the coastal Pacific Northwest, serving Washington, Oregon, Idaho, and Hawaii. Until early 2003, Dick served as vice chair of the board of directors of the FHLBank of Seattle. After retiring from HomeStreet Bank, Dick became a principal of the Seattle law firm of Hillis, Clark, Martin and Peterson where he provided counsel in areas of finance, banking law and SEC Registration.

In addition to his professional accomplishments, Dick has received numerous honors for his community work and has been a leader in developing and implementing a variety of affordable housing programs. Dick serves as director of the mortgage insurance company, Triad Guaranty, Inc. in Winston-Salem, North Carolina. He received his undergraduate degree from Harvard College and his law degree from Stanford Law School.

 



Edward J. McGreen
Executive Vice President and Chief Capital Markets Officer
 

Ed McGreen is an executive vice president and the Chief Capital Markets Officer for the Bank. He has held this position since July 2005 and is responsible for treasury, capital, earnings and market value analysis. Ed joined the Des Moines Bank in 2004 as the director of mortgage portfolio management.

Ed came to FHLB Des Moines from his position as Director of Finance at Fannie Mae in Washington, DC where he was responsible for the risk management and reporting of Fannie Mae’s debt and derivative business. He held various finance and portfolio management positions at Fannie Mae from 1996 to 2001 and from 2002 to 2004. From 2001 to 2002, Ed worked as a senior interest rate risk manager for GE Asset Management. Ed received his undergraduate degree in Business Administration from Ohio State University and an M.S. degree in Finance from George Washington University.

 



Steven T. Schuler

Executive Vice President and Chief Financial Officer

Steve Schuler is an executive vice president and Chief Financial Officer (CFO) for the Bank. As CFO, Steve has management responsibility for accounting policy and systems, financial analysis, planning and internal reporting and external reporting.

Prior to joining FHLB Des Moines in 2006, Steve was chief financial officer, treasurer and secretary for Iowa Wireless Services. This followed a long and distinguished career at Brenton Banks from 1977 to 2001 when Brenton Banks were acquired by Wells Fargo. Steve began his tenure at Brenton as an internal audit manager and held a variety of positions with Brenton Banks eventually serving as the corporate senior vice president, chief financial officer, secretary and treasurer. Steve is a Certified Public Accountant and received his B.S. degree in Industrial Administration from Iowa State University.

 
 


 

Nick Spaeth joined FHLB Des Moines in May 2007 as an executive vice president, general counsel and chief risk officer. Nick’s responsibilities include the legal department, enterprise risk management and the project management office. He has a strong government and regulatory background, having served as an elected State Attorney General in North Dakota, his home state, for eight years.

Nick was previously a partner at Kirkpatrick & Lockhart Preston Gates Ellis LLP in Washington, DC. Prior to that, he served for several years as general counsel of three Fortune 500-sized corporations. From 2004 – 2007, Spaeth was senior vice president (SVP), law and public policy and chief legal officer of H&R Block, Inc.; SVP, general counsel and secretary of Intuit, Inc. from 2003 – 2004, and SVP and general counsel of General Electric’s Employers Reinsurance Corporation from 2000 - 2003. Nick received his undergraduate degree from Stanford University, a master’s degree from Oxford University as a Rhodes Scholar and his law degree from Stanford Law School.

 



Michael L. Wilson
Executive Vice President and Chief Business Officer
 

Mike Wilson is an executive vice president and the chief business officer of FHLB Des Moines. As chief business officer, Mike has responsibility for the Bank’s business activities that serve its members and their communities. This includes credit and mortgage sales, member financial services, community investment, information technology, communications and administration and the Money Desk.

Before joining FHLB Des Moines, Mike was the senior executive vice president and chief operating officer for the FHLBank of Boston. Mike began his tenure at the Boston Bank in 1994 and held the positions of executive vice president for finance from 1997 to 1999 and senior vice president for planning and research from 1994 to 1997. Prior to his service at the Boston Bank, he was the Director of the Office of Policy and Research at the Federal Housing Finance Board in Washington, DC. Mike has a B.A. in Economics and Political Science from the University of Wisconsin-Milwaukee and a M.S. in Economics from the University of Wisconsin-Madison.


Useful Information & Resources


© 2008, Federal Home Loan Bank of Des Moines. All Rights Reserved. Your Access and use of this site confirms that you agree to the Terms Of Use. Federal Home Loan Bank of Des Moines, Skywalk Level, 801 Walnut Street, Suite 200, Des Moines IA 50309-3513; 800.544.3452.

Advancing Your Success™ is a registered trademark of the Siegfried Group, LLC, and is under license