FHLB Des Moines Snapshot
To be a reliable provider of funding, liquidity and services for the Bank’s members so they can meet the housing, business and economic development needs of the communities they serve.
It’s not just our business. It’s our commitment.
Homeownership is really important to us. It has many benefits, from creating a sense of belonging to building credit and wealth – all of which contribute to thriving communities. But for many Americans, there are hurdles to achieving it. That’s why we contribute at least 10% of our net income to affordable housing and community development programs. If you’re ready to join a team who is dedicated to jumping those hurdles, we may have the perfect role for you!
Empowering Members
We empower our members to strengthen their communities by providing reliable and stable funding that supports housing, small business and community development.
• The low-cost liquidity provided by FHLBanks allows financial institutions to provide loans to consumers and small businesses.
• This liquidity is available no matter the economic forces outside of lenders’ control, providing stability and reliability in all economic cycles.
• We uphold our original mission to support mortgage lending and community investment.
Enabling Communities
We enable communities in our district to become more vibrant places to live and work through affordable housing and community investment.
• As part of the FHLBank System, we are one of the largest sources of private sector grants for affordable housing and community development.
• The System has made available $7.6 billion in Affordable Housing Program subsidies and helped more than 1 million households since 1990.Home ownership is essential to helping individuals prosper and building communities.
• Systemwide funding translates into more than $130 billion of additional mortgage credit available each year and saves borrowers $13 billion in mortgage interest payments.
Homeownership is really important to us. It has many benefits, from creating a sense of belonging to building credit and wealth – all of which contribute to thriving communities. But for many Americans, there are hurdles to achieving it. That’s why we contribute at least 10% of our net income to affordable housing and community development programs. If you’re ready to join a team who is dedicated to jumping those hurdles, we may have the perfect role for you!
Empowering Members
We empower our members to strengthen their communities by providing reliable and stable funding that supports housing, small business and community development.
• The low-cost liquidity provided by FHLBanks allows financial institutions to provide loans to consumers and small businesses.
• This liquidity is available no matter the economic forces outside of lenders’ control, providing stability and reliability in all economic cycles.
• We uphold our original mission to support mortgage lending and community investment.
Enabling Communities
We enable communities in our district to become more vibrant places to live and work through affordable housing and community investment.
• As part of the FHLBank System, we are one of the largest sources of private sector grants for affordable housing and community development.
• The System has made available $7.6 billion in Affordable Housing Program subsidies and helped more than 1 million households since 1990.Home ownership is essential to helping individuals prosper and building communities.
• Systemwide funding translates into more than $130 billion of additional mortgage credit available each year and saves borrowers $13 billion in mortgage interest payments.
