FHLB Des Moines, FHLB Seattle finalize merger

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The paperwork for the approval of the merger of the Federal Home Loan Bank of Des Moines and the Federal Home Loan Bank of Seattle is now official, the Federal Housing Finance Agency announced on.

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Map of FHLB territories since the merger of the Seattle and Des Moines banks in 2015. The Federal Home Loan Banks ( FHLBanks , or FHLBank System ) are 11 U.S. government-sponsored banks that provide reliable liquidity to member financial institutions (not individuals) to support housing finance and community investment.

DES MOINES, Iowa and SEATTLE, July 31, 2014 (GLOBE NEWSWIRE) – 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 an exclusivity arrangement regarding a potential merger of the two Banks. A.

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“(FHLB) Seattle really needed the help,” said Sharon Stark, chief fixed income strategist at D.A. Davidson in St. Petersburg, Florida. She noted the other 10 regional FHLBs’ are in good shape, making.

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After nearly a year of talks, the paperwork for the approval of the merger of the Federal Home Loan Bank of Des Moines and the Federal Home Loan Bank of Seattle is now finalized.

The FHLBanks.Putting Money to Work for America DES MOINES, Iowa (9/26/14)–The Federal Home Loan Banks (FHLB) of Des Moines and Seattle have agreed to merge, according to a joint announcement Thursday. The merger has been unanimously approved by their boards.

The Federal Home Loan Bank of Seattle and the Federal Home Loan Bank of Des Moines have entered into an exclusivity arrangement for a potential merger of the two banks, according to a joint.

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.

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.

(Reuters) – The Federal Home Loan Bank of Des Moines and the Federal Home Loan Bank of Seattle said on Thursday they had entered into an exclusive arrangement on a potential merger. The Federal Home.