What Does Federal Home Loan Bank of Des Moines Do?

Total employees430
HeadquartersDes Moines
Founded1932

The Federal Home Loan Bank of Des Moines (FHLB Des Moines) is a member-owned cooperative that provides funding, products, and services to help local lenders in its district meet the housing finance, affordable housing, and community investment needs of their communities. As one of 11 regional banks in the Federal Home Loan Bank System, FHLB Des Moines is a wholesale financial institution, meaning it does not lend directly to individuals. Instead, it supports thousands of member financial institutions—including commercial banks, credit unions, insurance companies, thrifts, and community development financial institutions—across its district, which includes Iowa, Minnesota, Missouri, North Dakota, South Dakota, and following its merger with FHLBank Seattle, also Alaska, American Samoa, Guam, Hawaii, Idaho, Montana, Northern Mariana Islands, Oregon, Utah, Washington, and Wyoming. Its core mission is to provide a stable and reliable source of liquidity to its members to support housing finance and community lending.

Where Is Federal Home Loan Bank of Des Moines's Headquarters?

HQ Function

Serves as the central administrative and operational hub for FHLB Des Moines, overseeing strategic direction, financial management, member services, risk management, and regulatory compliance for its entire district.

Notable Features:

Modern office building equipped with advanced technology to support its financial operations and member services. It is designed to facilitate collaboration and efficiency.

Work Culture:

Characterized by a professional, mission-driven environment focused on collaboration, integrity, and service to its member institutions and the communities they serve. Emphasis is placed on financial stability and community impact.

HQ Significance:

The Des Moines headquarters is pivotal as the nerve center for an institution that provides critical liquidity and financial services to a vast network of financial institutions across a large swath of the United States, thereby playing a key role in regional economic stability and housing finance.

Values Reflected in HQ: The headquarters' design and operations likely reflect values such as stability, security, professionalism, and commitment to member service and community development.

Location:

The Federal Home Loan Bank of Des Moines operates exclusively within the United States. Its mission is focused on providing liquidity and support to member financial institutions within its designated U.S. district, which spans from the Midwest to the Pacific Northwest and Pacific islands. It does not have international offices or a global operational footprint in the traditional sense of multinational corporations. Its impact is on the U.S. domestic housing finance system and community development.

Street Address:

909 Locust Street

City:

Des Moines

State/Province:

Iowa

Country:

USA

Where Else Does Federal Home Loan Bank of Des Moines Operate Around the World?

Seattle, Washington, USA

Address: 1501 Fourth Ave, Ste 500, Seattle, WA 98101

Provides localized member support, relationship management, and access to FHLB Des Moines's products and services for financial institutions in the western part of its expanded district, focusing on housing finance and community investment in these specific states and territories.

Buying Intent Signals for Federal Home Loan Bank of Des Moines

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Federal Home Loan Bank of Des Moines? Meet the Executive Team

As of April 2025, Federal Home Loan Bank of Des Moines' leadership includes:

Kristina K. (Kris) Williams - President and Chief Executive Officer
Joe Amerman - Executive Vice President, Chief Credit Officer
Dan Clute - Executive Vice President, Chief Business Officer
Kevin L. Dye - Executive Vice President, Chief Financial Officer
Carla A. Hugley - Executive Vice President, Chief Human Resources and Inclusion Officer
Michael L. Wilson - Executive Vice President, Chief Risk and Operations Officer
Mary E. Deduction - Executive Vice President, General Counsel and Corporate Secretary

Who's Investing in Federal Home Loan Bank of Des Moines?

Federal Home Loan Bank of Des Moines has been backed by several prominent investors over the years, including:

Member financial institutions (as cooperative owners)
Institutional investors (purchasers of FHLBank debt securities/bonds and notes)

What Leadership Changes Has Federal Home Loan Bank of Des Moines Seen Recently?

Hire1
Exits0

FHLB Des Moines has seen some key appointments and transitions aimed at strengthening its leadership team and strategic focus. Notably, Dan Clute was appointed as Chief Business Officer in mid-2023.

New Appointments:

Dan Clute, Dan Clute appointed to newly created role of Chief Business Officer, bringing extensive experience in financial services and member relations.

What Technology (Tech Stack) Is Used byFederal Home Loan Bank of Des Moines?

Discover the tools Federal Home Loan Bank of Des Moines uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Federal Home Loan Bank of Des Moines Email Formats and Examples

The Federal Home Loan Bank of Des Moines primarily utilizes the email format of the first initial followed by the last name.

flast@fhlbdm.com

Format

jdoe@fhlbdm.com

Example

80%

Success rate

What's the Latest News About Federal Home Loan Bank of Des Moines?

FHLB Des Moines NewsroomFebruary 22, 2024

FHLB Des Moines Releases Fourth Quarter and Full-Year 2023 Financial Results

The Federal Home Loan Bank of Des Moines announced its fourth quarter and full-year 2023 financial results, reporting net income of $193.0 million for Q4 and $764.1 million for the full year. The bank highlighted its ongoing commitment to member liquidity and community investment programs....more

FHLB Des Moines NewsroomNovember 29, 2023

FHLB Des Moines Awards More Than $67 Million to Affordable Housing Initiatives

FHLB Des Moines announced the awarding of over $67 million through its Competitive Affordable Housing Program (AHP) to support 91 projects across its district. These funds are aimed at creating or preserving affordable housing units for low- to moderate-income individuals and families....more

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