Federal Home Loan Bank of Des Moines | Company Profile - Revenue, Headcount, Tech Stack, Contacts
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Overview
The Federal Home Loan Bank of Des Moines (FHLB Des Moines) is a member-owned cooperative bank within the Federal Home Loan Bank System, established by Congress in 1932. It provides stable, low-cost funding and liquidity primarily for mortgage lending and community investment. Serving approximately 1,200 to 1,350 member financial institutions across 13 states and three U.S. Pacific Territories, the organization plays a vital role in supporting housing, business, and economic development.
It offers a range of products and services, including collateralized loans, liquidity solutions, and risk management tools. These offerings help members manage funding costs, liquidity, and risk while supporting community credit needs. The bank also dedicates 10% of its net income annually to the Affordable Housing Program, contributing over $700 million in grants since 1990 to assist low- to moderate-income families and promote affordable housing and economic growth in its district.
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