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Unique Funding Opportunity

Act before July 16 to take advantage of these discounted rates.

Through July 16, 2021 FHLB Des Moines is offering a unique funding opportunity on 3-month and 6-month, fixed rate, non-amortizing advances*.

Term UFO Rate Dividend Savings Dividend Adjusted Rate**
3-month 0.28% 24 bps. 0.04%
6-month 0.27% 24 bps. 0.03%

Updated 6/23/2021

Request your fixed-rate advance now!

In order to take advantage of this unique funding opportunity, contact the Money Desk.

CONTACT THE MONEY DESK

Not sure if this opportunity is right for you?

Your dedicated Relationship Manager has the tools and resources to help you examine the pros and cons of this opportunity. Together, you can evaluate how these discounted rates, along with our dividend, can reduce the "all-in" cost of an advance.

CONTACT YOUR RELATIONSHIP MANAGER

Value of Dividend

Always Remember The Dividend

This rate special combined with your member dividend benefit** can significantly lower your “all-in” cost of an advance. At current rate indications, the advance may be interest free when factoring in the dividend benefit. 

Learn more

Value of Membership

Fully Utilize Your Membership

Whether you're considering strategies to manage your balance sheet or satisfying liquidity stress testing scenarios with term advances, we’re here to help with a variety of products, tools and resources at your fingertips.

LEARN MORE

*Normal FHLB Des Moines credit, collateral, stock and prepayment requirements apply. Subject to funding availability. The Bank may discontinue this offer at any time without notice. $250 million limit total per member through July 16, 2021 or until the offering is terminated. This discount is only available for 3-month and 6-month, fixed rate, non-amortizing advances during the offering period.

*** The dividend adjusted rate is an approximation based off of our current stock requirement and current dividend payment. This is an approximation only. For alternative dividend adjusted calculations, please consider using our dividend calculator. These calculations are indications only.