Press Release

For Immediate Release:
January 3, 2007

Contact:
Angie Richards
515.281.1014
arichards@fhlbdm.com

 

Dan Buck Appointed to FHLB Des Moines Advisory Council

(Des Moines, Iowa) – Dan Buck, chief executive officer of St. Patrick Center (SPC) in St. Louis, Missouri, was recently appointed to serve on the Federal Home Loan Bank of Des Moines’ Affordable Housing Advisory Council (AHAC). His three-year term began January 1, 2007.

Mr. Buck has served as CEO of St. Patrick Center, a faith-based nonprofit community organization aimed at building permanent, positive changes in the lives of the homeless, for more than three years. Under his leadership, SPC and partner agencies help over 9,000 homeless individuals each year with services, including permanent housing, home ownership, rental assistance, mental health services, employment and job training.

Mr. Buck is also involved in the development and implementation of the “City of St. Louis 10-Year Plan to End Chronic Homelessness.” And, he has spearheaded a partnership between SPC and the Department of Commerce to develop a Small Business Incubator and Trades Training Program which will enable low-income individuals to receive better paying jobs, eventually leading them to self-sufficiency and home ownership.

The AHAC advises the FHLB on housing and economic development programs and needs. Advisory council members are a diverse group of people from across the FHLB’s five-state district of Iowa, Minnesota, Missouri, North Dakota and South Dakota and typically have an extensive housing and economic development background.

Francisco Hernandez, marketing specialist for Iowa Finance Authority in Des Moines, Iowa; Randy Railsback, executive director of Green Hills RPC in Trenton, Missouri; and Tonya White Mountain, loan packager for Standing Rock Housing Authority in Fort Yates, North Dakota were appointed to their first terms on the AHAC. Paul Rechlin, executive director of CommunityWorks North Dakota in Bismarck was re-appointed to another three-year term on the Bank’s advisory council.

 

###

The Federal Home Loan Bank of Des Moines is a wholesale cooperative bank that provides low-cost short and long-term funding and community lending to more than 1,200 members, including 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.