News by "member announcements"

Finance News Member Announcements Q3 2023 Combined Financial Report Office of Finance publishes the Third Quarter 2023 Combined Financial Report of the Federal Home Loan Banks. Business News Member Announcements 2023 Holiday Hours The holiday season is upon us and with that comes adjusted hours. Please take a moment and review our upcoming holiday schedule and download our special holiday hours guide. Community News Member Announcements 2023 Director Election Voting Underway Voting is now open in the Federal Home Loan Bank of Des Moines 2023 Director Election. Electronic Ballots were distributed to all eligible voting members on September 20, 2023. Business News Member Announcements Supporting our Members Impacted by Maui Wildfires The Federal Home Loan Bank of Des Moines is taking steps to help our members as they adapt to serve their borrowers impacted by the Maui wildfires. Finance News Member Announcements Q2 2023 Combined Financial Report Office of Finance Publishes the Second Quarter 2023 Combined Financial Report of the Federal Home Loan Banks. Business News Member Announcements Changes to Service Fees Updated fee schedules for Wire Transfers, Securities and Safekeeping and Collateral are effective August 1, 2023. Members will also see more simplified billing reports beginning in September. Business News Member Announcements Advance Product Portfolio Changes Federal Home Loan Bank of Des Moines will launch TWO new advance products on October 10, 2023 to replace the current Overnight/Fed Funds Credit Line Advance. These new advance products will continue to provide members with the same access to fast and reliable overnight funding, but with more option Business News Member Announcements FHLB Des Moines Board of Director Elections Underway Commencement for the 2023 Federal Home Loan Bank of Des Moines Director Election is underway. Members in the states of IA, MN and MT will each elect one individual to fill the one member director seat in its respective state. Four independent director seats, including one PID seat will be filled. Business News Member Announcements Updated Collateral Loan-to-Values Effective September 5, 2023 The Federal Home Loan Bank of Des Moines periodically reviews our collateral Loan-to-Values (LTVs) to ensure they are consistent with the current market environment. On Tuesday, September 5, 2023, FHLB Des Moines will implement revised LTVs for most collateral categories. 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.