Products & Services: Credit Products
Credit
Products
FHLB Des Moines has a variety of credit
products to fit your financial
needs. Through the Bank’s credit
products, our customers receive a
reliable source of short-term,
long-term and adjustable-rate
funding as well as letters of
credit. Our credit products can help
you with your asset/liability and
interest rate risk management
strategies. The FHLB's advances are
attractively priced to help you fund
your lending activities for:
Whether you need funding for
mortgage financing, liquidity,
interest rate risk or need special
credit resources like our letter of
credit, the FHLB can help
you find the right products to fit
your funding needs.
Short-term Advances
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Commercial Lending Advance
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Residential Lending Advance
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Letters
of Credit
Important Notice
Updated applications for Public Unit
Deposits and Non-Public Unit
Deposits are now available.
Please contact the Money Desk at
800.544.3452, ext. 1013 or by email
at
moneydesk2@fhlbdm.com if you any
questions about your application or
need additional assistance.
Completed applications can be faxed
to the Money Desk at 515.699.1250
for processing. Applications must be
received by 3:00 PM for same day
processing.
For FHLB Des Moines Standby
Letters of Credit. Other types of
letters of credit,
including confirming letters of
credit issued to enhance bond
issues, are subject to a
different fee schedule. Please
contact the Money Desk at
515.281.1013 for more
