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FHLB Des Moines

Details

  • Number of employees
    100-200
  • Company Type
    Large Multi-national

The Federal Home Loan Bank of Des Moines (FHLB Des Moines) is a vital financial institution that plays a crucial role in the housing finance system of the United States. Established in 1932, it serves as a cooperative bank providing reliable funding to its member institutions, which include banks, credit unions, and insurance companies. FHLB Des Moines is dedicated to supporting affordable housing and community development through various lending programs and initiatives.

With a strong commitment to its members, FHLB Des Moines offers a range of products designed to enhance liquidity and promote sustainable growth. These products include advances, which are secured loans that provide members with access to low-cost funds for mortgage lending and community investment. Additionally, the bank engages in the Affordable Housing Program, which allocates funds to support the development of affordable housing projects across its district.

FHLB Des Moines also prioritises risk management and provides valuable resources to help its members navigate the complexities of the financial landscape. Through educational programs and technical assistance, the bank empowers its members to make informed decisions that benefit their communities.

Headquartered in Des Moines, Iowa, the bank operates within a diverse region that includes parts of the Midwest and beyond. Its strategic vision focuses on fostering economic growth and stability while ensuring that all individuals have access to safe and affordable housing.

In summary, FHLB Des Moines is not just a financial institution; it is a partner in progress, committed to enhancing the quality of life in the communities it serves. By providing essential funding and support, the bank plays a pivotal role in shaping the future of housing finance.

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