Employee Feature Zachary Bassett


You may recognize Zachary Bassett as one of the faces of the FHLB Des Moines Collateral Field Staff. As a Senior Analyst, Zachary has the opportunity to coordinate onsite Member Collateral Verifications (MCV’s) in every state across our district. Permanently located in Nibley, Utah, Zachary enjoys being able to travel around the district and work with many of the great executives that make up our membership. 

“It never ceases to amaze me just how diverse and different each institution is, and how they have organized their operations to serve their customers, members and clients,” Bassett said. “I am convinced that some of the most professional and experienced bankers and executives reside within our district!”

Zachary joined the FHLBank system in 2013 after he left his position at America First FCU, joining then Federal Home Loan Bank of Seattle. Though many things have changed in his role in the last five years, including the merger with FHLB Des Moines, Zachary’s core responsibilities have stayed steady. In fact, he finds that having exposure to two approaches to collateral makes him more adept to assist members with collateral questions. 

Outside of banking, Zachary spends as much time as possible outdoors. He rarely misses the opportunity to bring home a few Silver Salmon when he’s working in Alaska, and he always makes sure to bring his fishing rod when passing through West Yellowstone. He feels lucky to share this love for the outdoors with his five sons and wife.  

Zachary can be reached at zbassett@fhlbdm.com or 206.390.0229.