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Webinar: The Letter of Credit Opportunity

Tuesday, November 9, 2021 - 3:00 - 4:00 PM Central

We invite you to join our upcoming webinar to explore the variety of uses and applications of a FHLB Des Moines Letter of Credit.

In this webinar, we will walk through:

  • Letter of Credit purposes and benefits: supporting performance obligations, providing bond issuance credit and liquidity enhancement and collateralizing public unit deposits
  • Examples of how members use Letters of Credit for various applications
  • Mechanics of Letters of Credit

Register Below

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John Biestman

John Biestman

VP/Senior Relationship Manager,  FHLB Des Moines

John joined the Federal Home Loan Bank System in 2003. He started out with FHLB Seattle and transitioned over to FHLB Des Moines with the merger.

John is currently a vice president, senior relationship manager in the Member Solutions Department, where he works with our regional bank members in the western region.

John is a highly regarded financial strategist, speaker and writer. The FHLB Des Moines Insider and On the Record with FHLB Des Moines podcasts are hosted by John.

He is also a Chartered Financial Analyst (CFA). John has more than 40 years of national and international financial experience, including leadership positions at Barclays Capital, First Interstate Bank and Dean Witter Reynolds.

He holds a Master’s in business administration from the Johnson Graduate School of Management at Cornell University and a Bachelor’s in political science and economics from the University of California, Los Angeles.