Karl Bollingberg and Kim DeVore Declared Elected to FHLB Des Moines Board of Directors
last updated on Tuesday, August 25, 2026 in Business News
The Federal Home Loan Bank of Des Moines (FHLB Des Moines or the Bank) is pleased to announce that Karl Bollingberg and Kim DeVore were recently declared reelected as a directors to the Bank’s board of directors. Mr. Bollingberg will begin serving his third term as the North Dakota member director, and Ms. DeVore will begin serving her second term as the Wyoming member director, each for a four-year term commencing January 1, 2027.
Mr. Bollingberg has served as the Director of Cornerstone Bank since 2022. Mr. Bollingberg retired from Alerus Financial in Grand Forks, North Dakota, in 2022, where he served in various roles for more than 34 years. Mr. Bollingberg is active in a number of civic organizations including advisory board member and chair for the Bank of North Dakota, and member and past chair of the Regional Airport Authority in Grand Forks, North Dakota. In addition, he previously served as a member and chair for the Regional Economic Development Corporation in Grand Forks, North Dakota and was campaign chairperson for the Community Violence and Intervention Center Shelter Project in Grand Forks, North Dakota.
Ms. DeVore has served as the president and CEO of Jonah Bank, headquartered in Casper, Wyoming since 2020. Ms. DeVore previously served as CFO of Jonah Bank, since 2006. Ms. DeVore is active in community organizations including the Two Fly Foundation, The Lyric, and the Central Wyoming Boys & Girls Club. She also served on the Wyoming Business Council since 2015 and has remained active in Economic Development. Ms. DeVore was a member of the Community Depository Institution Advisory Council for the Federal Reserve Board in Washington DC for five years, finishing her term in 2025 as the Council President. Ms. DeVore’s position as an officer of a member institution and her experience, as indicated by her background, support her qualifications to serve on our Board of Directors.
FHLB Des Moines Board of Directors is comprised of both member and independent directorships from Alaska, Hawaii, Idaho, Iowa, Minnesota, Missouri, Montana, North Dakota, Oregon, South Dakota, Utah, Washington, Wyoming, the U.S. Pacific territories of American Samoa and Guam and the Commonwealth of the Northern Mariana Islands.
For a full listing of the current FHLB Des Moines Board of Directors, please click here.
- Board of Directors