News

Business News Member Announcements Memorial Day Hours In observance of Memorial Day, modifications to our usual service hours will occur. Finance News Member Announcements Q1 2023 Combined Financial Report Office of Finance Publishes the First Quarter 2023 Combined Financial Report of the Federal Home Loan Banks. Business News Member Announcements Collateral Eligibility Updates Effective June 30, 2023 Updates to Electronic Signature Modification Guidelines and an addition to the General Eligibility Checklist take effect June 30, 20203. Business News Member Announcements LIBOR-Indexed Collateral is Ineligible Beginning July 1, 2023 As we approach the June 30, 2023 cessation date for LIBOR, FHLB Des Moines is approaching the final phases of our LIBOR transition plan. Finance News Member Announcements First Quarter 2023 Dividend & Earnings Release The Bank's Board of Directors approved a first quarter 2023 dividend at an annualized rate of 7.95 percent on activity-based stock, an increase of 0.20 percent from the prior quarter, and 3.00 percent on membership stock, unchanged from the prior quarter. Business News Public Announcements MPF® Program surpasses $1 billion in CE Income Paid to FHLBank Members The Mortgage Partnership Finance® Program (MPF®) recently surpassed $1 billion in Credit Enhancement (CE) income paid to almost 1,600 Federal Home Loan Bank (FHLBank) member financial institutions. Business News Public Announcements 2023 Community Support Review The FHFA encourages the public to submit comments by March 31, 2023, on the community support performance of Bank members. Finance News Public Announcements 2022 Combined Financial Report The Office of Finance has published the 2022 Combined Financial Report and filed with the Securities and Exchange Commission. Community News Public Announcements True Partnership: Realizing the Benefits of the MPF® Program Russ Bernardo from Oregon Community Credit Union gives his take on how the MPF Program has helped his institution meet its goals. Business News Member Announcements 2023 Stock Recalculation Notice Adjustments for 2023 will take place on Wednesday, March 29, 2023 Finance News Public Announcements 2022 Form 10-K Filed On March 8, 2023, FHLB Des Moines filed its 2022 Form 10-K with the Securities and Exchange Commission(SEC). Business News Member Announcements Timeline for Future LIBOR-Indexed Collateral Changes With the LIBOR cessation date set for June 30, 2023, FHLB Des Moines has announced a timeline of future changes regarding LIBOR-indexed collateral.