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Federal Home Loan Bank of Des Moines Appoints New Member Directors

PRIVATEAug 25, 2026•about 3 hours ago

Position

Director

Company

Federal Home Loan Bank of Des Moines

Kim DeVore
United StatesFinancial ServicesFinanceLendingBankingNon Profit

Description

On August 25, 2026, Karl Bollingberg and Kim DeVore were elected as member directors on the Board of the Federal Home Loan Bank of Des Moines. They will serve four-year terms starting January 1, 2027. This marks Mr

Company Information

Company

Federal Home Loan Bank of Des Moines

Location

United States

About

The Federal Home Loan Bank of Des Moines is a federally chartered corporation based in the United States that plays a crucial role in providing funding and liquidity to local financial institutions. It serves as a cooperative financial institution that supports the housing finance system, primarily by providing low-cost loans and high-quality mortgage assets. Its key services include advances to member banks, community lending programs, and affordable housing solutions, which focus on enhancing homeownership opportunities. Geographically, it primarily operates in the Midwest and surrounding areas, catering to banks and other financial entities within these regions. The organization is committed to supporting housing finance and fostering community development as part of its strategic initiatives.

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