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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

When you’re a member of #TeamFHLBDM, you not only help communities thrive, you’re empowered to thrive, too.

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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

A Closer Look at the 7 Scoring Criteria that Impact AHP Projects Article A Closer Look at the 7 Scoring Criteria that Impact AHP Projects Affordable Housing Program funds are awarded on a competitive basis to applicants based on defined scoring criteria. Gain a deeper understanding of the seven scoring criteria that impact a projects final score. 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 TrainingApr30 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

First Quarter 2025 Dividend & Earnings Release Public Announcements First Quarter 2025 Dividend & Earnings Release FHLB Des Moines released financial highlights for the first quarter ended March 31, 2025. The Board of Directors approved a first quarter 2025 dividend to be paid at an annualized rate of 9.75% on average activity-based stock and 6.00% on average membership stock, unchanged from the prior quarter. FHLB Des Moines awards $6.3 million to support communities through the Member Impact Fund Public Announcements FHLB Des Moines awards $6.3 million to support communities through the Member Impact Fund FHLB Des Moines awards $6.3 million to support communities through the Member Impact Fund 2024 Combined Financial Report Member Announcements 2024 Combined Financial Report Office of Finance Publishes the 2024 Combined Financial Report of the Federal Home Loan Banks. Federal Home Loan Banks Report Strong Financial Performance in 2024 Public Announcements Federal Home Loan Banks Report Strong Financial Performance in 2024 Strong Financial Performance Supports Record-Setting Year for Affordable Housing and Community Development Funding Washington, DC – March 25, 2025 – The Federal Home Loan Banks (FHLBanks) today published their Combined Financial Report for 2024 (CFR), reporting...

See all articles regarding news about FHLB Des Moines.