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2026 Affordable Housing Program Information Now Available Member Announcements 2026 Affordable Housing Program Information Now Available FHLB Des Moines offers a variety of products to support the purchase, construction or rehabilitation of affordable housing. Information detailing the 2026 Affordable Housing Program are now available. FHLB Des Moines Awards $102.4 Million for 54 Affordable Housing Initiatives Public Announcements FHLB Des Moines Awards $102.4 Million for 54 Affordable Housing Initiatives FHLB Des Moines Awards $102.4 Million for 54 Affordable Housing Initiatives 2025 Member and Independent Director Election Results Member Announcements 2025 Member and Independent Director Election Results On December 10, 2025, the Board of Directors of FHLB Des Moines reviewed the results of the 2025 Member and Independent Director election. 2026 Changes to Qualifying Loans for Community Investment Advances Member Announcements 2026 Changes to Qualifying Loans for Community Investment Advances Closed loans required for Community Investment Advance applications beginning January 2026. Q3 2025 Combined Financial Report Member Announcements Q3 2025 Combined Financial Report Office of Finance publishes the Third Quarter 2025 Combined Financial Report of the Federal Home Loan Banks. Third Quarter 2025 Form 10-Q Filed Public Announcements Third Quarter 2025 Form 10-Q Filed Earlier today, November 7, the Bank filed its Third Quarter 2025 Form 10-Q with the Securities and Exchange Commission (SEC). FHLB Des Moines Seeks Appointment for Wyoming Advisory Council Position Public Announcements FHLB Des Moines Seeks Appointment for Wyoming Advisory Council Position Beginning October 27, FHLB Des Moines is seeking applications from individuals to fill one Affordable Housing Advisory Council position to represent the affordable housing and/or community lending needs of Wyoming. Third Quarter 2025 Dividend & Earnings Release Public Announcements Third Quarter 2025 Dividend & Earnings Release FHLB Des Moines released financial highlights for the third quarter ended June 30, 2025. The Board of Directors approved a third quarter 2025 dividend to be paid at an annualized rate of 9.75% on average activity-based stock and 6.00% on average membership stock, unchanged from the prior quarter. 2025 Director Election Voting Underway Public Announcements 2025 Director Election Voting Underway Electronic ballots for the Federal Home Loan Bank of Des Moines 2025 director election were issued to all eligible voting members on October 22, 2025. Russell Lau Declared Elected to FHLB Des Moines Board of Directors Public Announcements Russell Lau Declared Elected to FHLB Des Moines Board of Directors The Federal Home Loan Bank of Des Moines (FHLB Des Moines or Bank) is pleased to announce that Russell Lau was recently declared elected as a director to the Bank's board of directors. Mr. Lau will serve as the Hawaii member director, serving for a four-year term commencing January 1, 2026. Updated Collateral LTVs take effect October 6, 2025 Member Announcements Updated Collateral LTVs take effect October 6, 2025 FHLB Des Moines performs on-going monitoring of market fundamentals and their impact on collateral values. As a result, we will be making adjustments to most collateral Loan-to-Values (LTVs). Q2 2025 Combined Financial Report Member Announcements Q2 2025 Combined Financial Report Office of Finance publishes the Second Quarter 2025 Combined Financial Report of the Federal Home Loan Banks.