News

Business News Member Announcements 2021 Holiday Hours The holiday season is upon us and with that comes amended hours. Finance News Public Announcements Q3 2021 Combined Financial Report The Third Quarter 2021 Combined Financial Report (CFR) for the FHLBanks has been published and filed with the Federal Housing Finance Agency. Community News Public Announcements FHLB Des Moines Announces New Relationship Manager for Insurance Segment FHLB Des Moines is pleased to announce Laura Beebe joined the Bank on November 8, 2021 as a vice president, relationship manager responsible for working with the Bank's insurance membership. Finance News Public Announcements Third Quarter 2021 Form 10-Q Filed Earlier today, November 9, the Bank filed its Third Quarter 2021 Form 10-Q with the Securities and Exchange Commission (SEC). Community News Public Announcements 2021 Member and Independent Director Election Results On November 5, 2021, the Board of Directors of FHLB Des Moines reviewed the results of the 2021 Member and Independent Director Election. Business News Member Announcements New SOFR Advance Features Effective November 8, 2021 Beginning on Monday, November 8, 2021 the Federal Home Loan Bank of Des Moines will offer new features on Secured Overnight Financing Rate (SOFR) advances. Finance News Member Announcements Third Quarter 2021 Dividend & Earnings Release The Bank's Board of Directors approved a third quarter 2021 dividend at an annualized rate of 6.00 percent on activity-based stock and 3.00 percent on membership stock, unchanged from the prior quarter. Dividend payments totaling $43 million are expected to be paid on November 12, 2021. Community News Member Announcements The Federal Home Loan Bank of Des Moines Awards $45,000 to Community Improvement Projects The Federal Home Loan Bank of Des Moines (FHLB Des Moines) is proud to announce the winners of the 2021 Strong Communities Award. Community News Public Announcements Federal Home Loan Bank of Des Moines Announces 2021 Strong Communities Award Finalists The Federal Home Loan Bank of Des Moines (FHLB Des Moines or the Bank) announced seven finalists for the 2021 Strong Communities Award. Community News Member Announcements 2021 Director Election Voting Underway Voting is now open in the Federal Home Loan Bank of Des Moines 2021 Director Election. Electronic ballots were distributed to all eligible voting members on September 21, 2021. Community News Public Announcements Russell J. Lau, John A. Klebba and Steven L. Bumann Declared Elected to FHLB Des Moines Board of Directors Russell J. Lau, John A. Klebba and Steven L. Bumann were recently declared elected to the FHLB Des Moines board of directors. Finance News Member Announcements Q2 2021 Combined Financial Report The Second Quarter 2021 Combined Financial Report (CFR) for the FHLBanks has been published and filed with the Federal Housing Finance Agency.