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Q3 Collateral Quarterly

Read the latest news from the field, upcoming reminders and important changes to collateral procedures

Member Announcement

Updated Collateral Loan-to-Values Take Effect June 24, 2019

FHLB Des Moines offers an extensive collateral menu which includes, but is not limited to, a variety of residential and commercial real estate loans, mortgage and business loans, government-guaranteed loans, securities and time certificates of deposit.

Since credit is only extended on a secured basis, we offer a wide variety of collateral options. Members and housing associates choose what, when and how to pledge in order to maintain sufficient eligible collateral.

Collateral Types Available for Pledging

FHLB Des Moines accepts various types of loans and securities as collateral. Explore your options and understand eligibility criteria for all collateral. Eligibility guidelines and checklists are provided here.

Popular Documents:

Pledging and Releasing Process

Pledging and releasing collateral can be accomplished easily by utilizing eAdvantage, the online portal for members. Prior to using eAdvantage, user authorizations should be set up.

Popular Documents:

Employee Feature: Ryan Coppess — Employee Feature: Ryan Coppess
This quarter, we’re thrilled to feature one of the newest additions to the Collateral Field Staff, Ryan Coppess. Our members in Southwest Iowa or Western Missouri may have already met him during a recent Member Collateral Verification (MCV) review, but we wanted to give him a proper introduction.

“I’m motivated by the opportunity to be in front of members, face-to-face, to help them find the best ways to use collateral to help their balance sheet,”
Ryan's Story

Employee Feature: Sue Schmitt — Sue Schmitt Celebrates 35 Years with FHLB Des Moines
When Sue Schmitt, Senior Collateral Specialist, first started working at FHLB Des Moines she worked at the check processing center “before there were ATM cards!” 35 years later, Sue continues to be a core member of our daily operations and stands out as one of the most recognizable faces in the Collateral Department.
Sue's Story

Employee Feature: Michelle Wonders — Employee Feature: Michelle Wonders
Senior Collateral Specialist

A dedicated FHLB Des Moines employee for nearly 38 years, Michelle Wonders currently supports our Collateral Review Analysts who perform Member Collateral Verifications (MCVs) for our members. Read more about how her commitment has made her a key member of the Collateral department as well as the Bank.
Michelle's Story

Employee Feature: Chris Kuhn-McRoberts — Employee Feature: Chris Kuhn-McRoberts
Manager of Collateral Operations

Chris has 11 years of industry experience that includes retail management with a small community bank to operations with a large national bank. He is a licensed mortgage loan originator and also has experience as a processor and closer.
Chris's Story

Employee Feature: Doug Hollmann — Employee Feature: Doug Hollmann
Director of Member Collateral Verification

Doug joined FHLB Des Moines on July 8 from FHLB Chicago. His goals at FHLB Des moines are, "to improve the efficiency of the MCV process and help shape the overall member experience related to collateral."
Doug's Story

News

Joe Kesler Declared Re-elected to FHLB Des Moines Board of Directors

Member Announcements Joe Kesler Declared Re-elected to FHLB Des Moines Board of Directors The Federal Home Loan Bank of Des Moines (the Bank) is pleased to announce that Joe Kesler was recently re-elected as a director to the Bank's board. Mr. Kesler will serve as the Montana member director on the Bank's board for a four-year term commencing January 1, 2020.

Q2 2019 Combined Financial Report

Public Announcements Q2 2019 Combined Financial Report The Second Quarter 2019 Combined Financial Report (CFR) for the FHLBanks has been published and filed with the Federal Housing Finance Agency.

FHLB Des Moines Approves Second Quarter 2019 Dividend

Member Announcements FHLB Des Moines Approves Second Quarter 2019 Dividend The FHLB Des Moines (the Bank) Board of Directors approved a second quarter 2019 dividend at an annualized rate of 5.75 percent on activity-based stock and 3.25 percent on membership stock, unchanged from the prior quarter.

FHLB Des Moines urges Congress to hold hearings on CECL

Public Announcements FHLB Des Moines urges Congress to hold hearings on CECL Industry experts agree: The Current Expected Credit Loss (CECL) accounting standard proposed by the Financial Accounting Standards Board will be highly problematic for financial institutions. FHLB Des Moines agrees and recently encouraged Congress to hold hearings on CECL.

See all articles regarding news about FHLB Des Moines.