2019 Director Election Voting Underway

posted on Thursday, September 26, 2019 in Community News

Voting is now open in the Federal Home Loan Bank of Des Moines 2019 Director Election. Electronic ballots were distributed to all eligible voting members on September 26, 2019. Members in the states of Iowa and Minnesota will each fill one member director seat in their respective state. Four independent director seats, including one public interest independent director (PID) seat will be filled through a district-wide election. Ballots must be received by November 1, 2019 at 5 PM CDT.  

Votes can be cast at: https://www.directvote.net/fhlbdm/login.aspx 

The state of Montana also had one member directorship to fill in the 2019 election. Joe Kesler, director of First Montana Bank in Missoula, Montana was the only eligible candidate who chose to stand for election in his state. Therefore, Mr. Kesler was declared elected to the Federal Home Loan Bank of Des Moines board in accordance with Federal Housing Finance Agency regulations. Mr. Kesler will begin serving his second term as a FHLB Des Moines director on January 1, 2020.

If you are an FHLB Des Moines member and your institution did not receive an electronic ballot, please contact Kerrie Dewey at 800.544-3452 ext. 2182 or by email at kdewey@fhlbdm.com.