Press
Release
For Immediate Release:
November 9, 2006
Contact:
Angie Richards
515.281.1014
arichards@fhlbdm.com
D.R. Landwehr
Re-elected to Home Loan Bank’s Board
of Directors
Missouri banker to fill second
three-year term on Bank board
(Des Moines, Iowa) – The Federal
Home Loan Bank of Des Moines
recently held its 2006 director
elections for open seats on its
board of directors. D.R. Landwehr,
chairman, president and chief
executive officer (CEO) of Community
Bank of Missouri in Richmond,
Missouri, was re-elected to his
second term on the Bank’s board. His
three-year term begins January 1,
2007.
Mr. Landwehr has more than 30 years
of financial industry experience. He
began his banking career in the
mid-Missouri area and was CEO for
three different banks before
accepting the position of chairman,
president and CEO of Condon National
Bank in Coffeyville, Kansas in 1993.
Mr. Landwehr left Condon National
Bank in 1999 and organized Community
Bank of Missouri, a de novo bank
which opened in May 2001.
During his professional career, Mr.
Landwehr has been active in several
civic organizations. He is currently
a director of Missouri Bancorp,
Inc., a member of the Richmond
Rotary Club, chair of the Hardin
United Methodist Church and past
president of the Richmond Chamber of
Commerce. He is also an alumnus of
Leadership Missouri and Leadership
Kansas and has been recognized as a
Paul Harris Fellow by Rotary
International.
The Home Loan Bank’s board of
directors is comprised of both
industry and public interest
directors from Iowa, Minnesota,
Missouri, North Dakota and South
Dakota. Bank members elect the
industry directors while the Federal
Housing Finance Board, the Bank’s
Washington, DC based regulator, is
responsible for appointing the
public interest directors from both
the public and private sector. As a
$43 billion financial institution,
the Home Loan Bank provides low-cost
funding to more than 1,200 member
banks, thrifts, credit unions and
insurance companies for housing and
community credit needs.
Dale Oberkfell, president and chief
operating officer of Reliance Bank
in Des Peres, Missouri, was elected
to his first term on the Bank’s
board of directors while Clair J.
Lensing, president and CEO of
Security State Bank in Waverly, Iowa
and Lynn Schneider, president of
American Bank & Trust in Huron,
South Dakota, were re-elected to
their second terms. Each director
will serve a three-year term
beginning January 1, 2007.