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The Federal Home Loan Bank of Des Moines

We support mortgage lending, economic development and affordable housing in the communities our members serve.

About Us

Up to $3 million grants available!

Partner with nonprofits and for-profit developers to achieve needs in your community. 

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FHLB Des Moines Careers

We work each day to develop an inclusive culture that supports and leverages the complexity of a diverse workforce so that we can serve our members and help them succeed.

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How can we help you?

Advances
(Rates) Letters of
Credit Mortgage
Partnership Finance Strategies Affordable
Housing Member Impact
Fund

Fixed Rates for Members

Visit the advances page to compare rates on our entire product suite

Download our full rates sheet - PDF, Excel

Featured Resources

Pocket Neighborhood Provides Affordable Homeownership Opportunities for Rural Iowa Case Study Pocket Neighborhood Provides Affordable Homeownership Opportunities for Rural Iowa Maquoketa State Bank partnered with East Central Development Corporation to develop a pocket neighborhood with help from funds they received from the Affordable Housing Program. Time Deposits: Enough Already? Article Time Deposits: Enough Already? Senior Relationship Manager John Biestman examines recent deposit trends and shares several strategies to consider when funding your balance sheet with duration certainly, topped off with a double discount. Disbursement TrainingNov13 Featured Live Event Disbursement Training

Visit the resource center to expand your knowledge about our industry.

Featured

AdvancesView rates and details for our comprehensive portfolio of reliable, cost-effective funding options. Letters of CreditLeverage the strength and security of FHLB Des Moines credit rating with an affordable Letter of Credit product. Affordable HousingFHLB Des Moines offers a variety of products to support the purchase, construction or rehabilitation of affordable housing. Member SupportFrom here you can learn about and manage every element of your FHLB Des Moines Membership.

News

Jamie Cornish Named FHLB Des Moines Chief Audit Executive Public Announcements Jamie Cornish Named FHLB Des Moines Chief Audit Executive Jamie Cornish Named FHLB Des Moines Chief Audit Executive Third Quarter 2024 Dividend & Earnings Release Public Announcements Third Quarter 2024 Dividend & Earnings Release The Board of Directors approved a third quarter 2024 dividend to be paid at an annualized rate of 9.50 percent on average activity-based stock, and 6.00 percent on average membership stock, unchanged from the prior quarter. FHLB Des Moines Awards Nearly $9 Million to Support Affordable Housing and Community Development in Washington Public Announcements FHLB Des Moines Awards Nearly $9 Million to Support Affordable Housing and Community Development in Washington FHLB Des Moines Awards Nearly $9 Million to Support Affordable Housing and Community Development in Washington 2024 Director Election Voting Underway Member Announcements 2024 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 19, 2024.

See all articles regarding news about FHLB Des Moines.