Announcements/Press Releases


2006 Press Releases


Press Release

For Immediate Release:
September 7, 2006

Contact:
Angie Richards
515.281.1014
arichards@fhlbdm.com

CLARKE COUNTY FAIR RECEIVES $2,500 ON BEHALF OF COMMITED VOLUNTEER

DES MOINES, IA – Volunteers play a major roll in the operation and success of the Clarke County Fair. Dara Queck, a Clarke County Fair volunteer, recently received the Federal Home Loan Bank of Des Moines’ 2006 Ruth Griggs Wallace (RGW) Award. Ms Queck is a Home Loan Bank employee and received the award for her dedication, leadership and commitment to her community.

“It’s volunteers, like Dara, that make the fair run smoothly,” commented Lesley Dorland, Clarke County Fair dog obedience project leader. “Even if Dara isn't involved in a particular activity, you can ask her for help and she is more than willing to give it. Dara and her family are involved in all aspects of the fair and are always willing to learn something new if it means they can lend a hand. We are grateful to Dara and the Home Loan Bank for what they have given to us,” commented Dorland.

The Clarke County Fair received a $2,500 donation on behalf of Ms. Queck and the Bank’s RGW Award. The dog obedience club plans to use the money to help fund a new building for the over 40 children and dogs that are enrolled in dog obedience classes. This is a rapidly growing club which has outgrown its current space in town. The new facility will be a great addition to the Clarke County fairgrounds.

The Home Loan Bank provides money to member financial institutions to help supply loans for housing and community investment that build neighborhoods and strengthen communities in Iowa, Minnesota, Missouri, North Dakota and South Dakota. Ruth Griggs Wallace worked at the Bank for over 30 years, providing tremendous leadership for the Bank and its commitment to community involvement. After Ms. Wallace retired in December 1999, the Bank’s board of directors established the RGW Award. The award is presented annually to a bank employee who embodies Ruth’s spirit of volunteerism through leadership and dedication.
 
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The Federal Home Loan Bank of Des Moines is a AAA-rated wholesale bank that provides low-cost short and long-term funding and community lending to more than 1,200 stockholder commercial banks, saving institutions, credit unions and insurance companies. The Bank is wholly owned by its members and receives no taxpayer funding. The Des Moines Bank serves Iowa, Minnesota, Missouri, North Dakota and South Dakota and is one of twelve regional Banks that make up the Federal Home Loan Bank System.
 
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