2023 Director Election Voting Underway

last updated on Wednesday, September 20, 2023 in Community News

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 20, 2023. Members in the states of Iowa and Minnesota will each fill one member director seat in their respective state. Four independent director seats will be filled through a district-wide election. One of the independent director seats to be filled is designated as a public interest independent (PID) directorship. Ballots must be received by October 27, 2023 at 5 PM CDT.

Votes can be cast at: https://www.directvote.net/fhlbdm/login.aspx

The state of Montana also had one member director seat to fill in the 2023 director election. Joe Kesler, director of First Montana Bank in Missoula, Montana was the only eligible candidate nominated for election in his state. Therefore, Mr. Kesler was declared elected to the FHLB Des Moines board in accordance with FHFA regulations. Mr. Kesler will begin serving his second full term as an FHLB Des Moines director on January 1, 2024.

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