Announcements
Award Announcement
Awards will be announced via email from FHLB Des Moines to member contacts associated with your application.
Specific award dates will be listed on your specific funding round's webpage.
Member Impact Fund Award & Funding Timeline
Apx 2 weeks following application round closing
Announcements are typically sent two weeks after the Member Impact Fund application due date.
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Apx 2 weeks after award announcement
FHLB Des Moines deposits the Member Impact Fund award(s) to the member’s Demand Deposit Account (DDA)
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Within 1 month of DDA Deposit
Members are required to disburse the Member Impact Fund award and member matching funds to the Grantee.
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Within 2 months of DDA Deposit
Grantees will receive an email from FHLB Des Moines to complete the Award Verification Form.
Members must ensure that the Grantee returns the Award Verification by the due date.
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