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FHLB Des Moines, FHLB Seattle finalize merger

Jo Wolder on the Culture at FHLB Des Moines Federal Housing Finance Agency Approves FHLB Des Moines and FHLB Seattle Merger Application Email Print Friendly Share December 22, 2014 13:14 ET | Source: Federal Home Loan Bank of Des Moines.

The Federal Home Loan Bank of Seattle will lay off 109 employees beginning June 1 as part of its planned merger with the much bigger Federal Home Loan Bank of Des Moines. The combined bank, which will.

DES MOINES, Iowa, June 01, 2015 (GLOBE NEWSWIRE) — The Federal Home Loan Bank of Des Moines ("FHLB Des Moines") announced today that it has successfully completed its merger with the Federal Home Loan Bank of Seattle ("FHLB Seattle"). Additional details will be included in a related Form 8.

FHLB Des Moines wants to ensure that you, our members, are as prepared as possible. Article Raising Wholesale Funds: "Things are Seldom What They Seem" Depending upon the interest rate environment or location on the yield curve, dividend-adjusted advance rates may or may not be comparable. You’ll never know unless you run the dividend.

Des Moines and Seattle (September 25, 2014) – The Federal Home Loan Bank of Des Moines ("FHLB Des Moines") and the Federal Home Loan Bank of Seattle ("FHLB Seattle") announced today that they have entered into a definitive agreement to merge the two Banks.Material details of the merger agreement are included in the Banks’ related Form 8-K filings with the Securities and Exchange.

The merger closed on May 31, 2015, and today is the first day that the two Banks are operational as one Bank. "We are pleased to have finalized this merger with overwhelming support from our members," commented Dick Swanson, FHLB Des Moines chief executive officer.

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Contents Housing finance agency approves fhlb Email print friendly share treasury prices rose mutual fund returns FHLB Des Moines, FHLB Seattle finalize merger Federal housing finance agency approves fhlb Des Moines and. – Federal Housing Finance Agency Approves FHLB Des Moines and FHLB Seattle Merger Application email print friendly share December 22, 2014 13:14 ET | Source: Federal Home.

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