Press Release

For Immediate Release:
January 3, 2007

Contact:
Angie Richards
515.281.1014
arichards@fhlbdm.com

Tonya White Mountain Appointed to FHLB Des Moines Advisory Council

(Des Moines, Iowa) – Tonya White Mountain, loan packager for Standing Rock Housing Authority in Fort Yates, North Dakota, was recently appointed to serve on the Federal Home Loan Bank of Des Moines’ Affordable Housing Advisory Council (AHAC). Her three-year term began January 1, 2007.

Ms. White Mountain has over 15 years of experience at the Standing Rock Housing Authority. She provides personal assistance to families seeking loans to purchase or build a home or repair one they already own. In her current position, she packages home loans and grant applications for USDA Rural Development programs, the HUD 184 Loan Guarantee program and VA Direct Home Loans for Native Americans. Ms. White Mountain has received certified training in many areas that has enabled her to instruct and counsel members of her tribe and the community and help them make informed decisions about purchasing a home.

Ms. White Mountain lives in South Dakota and is actively involved in her community. She is currently an advisory board member of the Good News Assembly of God and is involved in activities which reach out to teens and middle school children in the community. For more than six years, Ms. White Mountain has served as a board member of CommunityWorks North Dakota and, in the past, volunteered at the Rainbow Project Boys and Girls Club assisting with outreach to local youth.

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.

Dan Buck, chief executive officer of St. Patrick Center in St. Louis, Missouri; Francisco Hernandez, marketing specialist at Iowa Finance Authority in Des Moines, Iowa; and Randy Railsback, executive director of Green Hills RPC in Trenton, Missouri 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.

 

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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.