For members of FHLB Des Moines, meeting the credit needs of their local community is being a good neighbor and is also good business. Housing and economic development projects are vital to the health of a community.
Members can use a Community Investment Advance to support these projects. Members are provided long term fixed rate advances at lower rates for eligible residential and commercial loans and investments. The standard requirements of FHLB Des Moines credit and collateral policies apply to these special advances.
FHLB Des Moines members are provided a Community Investment Advance limit of $10 million which may be used for the Commercial Lending Advance or Residential Lending Advance, as described in the Bank's Community Lending Plan. This limit is renewed as prior Community Investment Advances mature. Contact the Community Investment Department at 800-544-3452, ext. 2400 for assistance.
2019 Community Lending Plan