News

Business News Public Announcements Federal Home Loan Bank of Des Moines Announces Executive Team Changes FHLB Des Moines announced changes to its executive management team. Community News Public Announcements 2020 Director Election Commencement of the annual FHLB Des Moines director election is underway. Members in the states of Oregon and Washington will elect an individual to fill one member director seat in its respective state. Two independent director seats will be filled through a district wide election. Community News Public Announcements A Message from Kris Williams on Diversity and Inclusion Our President and CEO, Kris Williams, shares a message about the importance of diversity and inclusion at Federal Home Loan Bank of Des Moines and beyond. Business News Member Announcements Updated Collateral Loan-to-Values Effective July 13 On July 13, 2020, FHLB Des Moines will implement revised LTVs for most collateral categories. Business News Member Announcements Now Accepting PPP Loans as Eligible Collateral Beginning Tuesday, May 19, 2020, the Bank is now able to accept SBA Payment Protection Program (PPP) loans as collateral. Business News Public Announcements Deborah Baldwin Named FHLB Des Moines Chief Diversity and Inclusion Officer Effective May 18, Deborah Baldwin will become the new chief diversity and inclusion officer at the Federal Home Loan Bank of Des Moines. Finance News Public Announcements Q1 2020 Combined Financial Report The First Quarter 2020 Combined Financial Report (CFR) for the FHLBanks has been published and filed with the Federal Housing Finance Agency. An electronic copy of the CFR can be obtained on the Office of Finance website. Finance News Public Announcements First Quarter 2020 Form 10-Q Filed Earlier today, May 11, the Bank filed its First Quarter 2020 Form 10-Q with the Securities and Exchange Commission (SEC). Finance News Public Announcements First Quarter 2020 Earnings Release & Dividend The Federal Home Loan Bank of Des Moines (the Bank) today released preliminary unaudited financial highlights for the first quarter ended March 31, 2020. The Bank also announced its first quarter 2020 dividend. Letters from the CEO Member Announcements CEO Newsletter 4/22/2020 Hello everyone! I'm excited to be connecting with you through my first ever Letter from the CEO. I'm Kris Williams and I'm thrilled to be your new President and CEO. I was very much looking forward to meeting as many of you as possible but with our current environment, I'll use this letter as a way Business News Member Announcements Special Relief Funding Available for Members In response to the coronavirus (COVID-19) pandemic, Federal Home Loan Bank of Des Moines has a special advance offering available for our members. These advances are intended to provide low cost, relief funding to help support the current needs of your customers who have been impacted by COVID-19. Community News Public Announcements Michael Akerlow Appointed to FHLB Des Moines Advisory Council The FHLB Des Moines Board of Directors recently appointed Michael Akerlow, chief executive officer, Community Development Corporation of Utah (CDCU), to its Affordable Housing Advisory Council, representing the state of Utah.