2018 Director Elections

posted on Thursday, June 28, 2018 in Business News

Commencement of the annual Federal Home Loan Bank of Des Moines director election is underway. Based on Federal Housing Finance Agency designations for Bank directors, member director elections will take place in the states of Idaho, North Dakota, and Wyoming and members in those states will each fill one member director seat in its respective state. Two independent director seats will also be filled in 2018 through a district-wide election.

The nomination and election process for member and independent directors will be conducted electronically through Survey & Ballot Systems (SBS), an outside vendor experienced in administering online elections in a secure environment. On June 28, SBS emailed the Bank’s official announcement of election to eligible voting members in all states. Members in the states of Idaho, North Dakota and Wyoming will receive an online member director nomination certificate, and eligible voting members in all states in the Bank’s district will receive information regarding independent director application forms. Member director nomination certificates and independent director application forms must be received by August 2, 2018.

Individuals interested in being considered for an independent director position must submit an Independent Director Application Form to the Bank by the nomination deadline of August 2, 2018 5:00 PM Central Time. The current application form prescribed by the FHFA can be found on its website at www.fhfa.gov. The form may also be accessed directly by clicking on the PDF document below.

Click here to print an Independent Director Application Form.

Independent Director Application Forms must be completed by the individual interested in being considered for an independent director seat and submitted to:

Dara Queck

Senior Vice President, Member & Financial Operations Officer

Federal Home Loan Bank of Des Moines

801 Walnut Street, Suite 200

Des Moines, IA 50309

To view a schedule of key events in the 2018 director election timeline, please click here.  To read general information about the Bank and its board of directors, click here. If you did not receive a communication from SBS announcing the 2018 Election, please contact Matthew Anderson at 800.544.3452, ext. 4064 or by email at mdanderson@fhlbdm.com

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