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ABA: The American Bankers Association

Federal Home Loan Bank of Des Moines

Platinum Associate Member Member Since January 2004

federal home loan of des moines
federal home loan of des moines The Federal Home Loan Bank of Des Moines has assets of $48 billion and serves more than 1,200 financial institutions in Iowa, Minnesota, Missouri, North Dakota and South Dakota.

The Federal Home Loan Banks are privately owned wholesale banks that provide low-cost overnight and term funding, community lending and other housing finance services to more than 8,100 stockholder commercial banks, savings institutions, credit unions, and insurance companies. The 12 regional banks enhance the competitiveness and financial strength of local lenders by ensuring adequate liquidity and offering flexible, competitively priced products and services that help them meet the housing finance and community credit needs of neighborhoods across the nation. The Federal Home Loan Banks also offer grants and reduced-rate loans to help financial institutions address their communities' affordable housing and economic development needs.

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