FHLB Des Moines, FHLB Seattle finalize merger

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 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.

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.

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Be Here | FHLB Des MoinesAfter 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 Federal Home Loan Bank of Seattle is going to lay off 109 employees, or more than two-thirds of its workforce, a FHLB Seattle spokesperson confirmed on Thursday. The news comes after years of.

FHLB Des Moines, FHLB Seattle finalize merger "The paperwork has been formally approved and signed and the merger of the Federal Home Loan Bank of Des Moines with the Federal Home Loan Bank of Seattle is now official," said Melvin L. Watt.FHA REO inventory up 47% from one year ago Bank of.

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Statement of FHFA Director Melvin L. Watt on FHLB Seattle and fhlb des moines merger agreement. fhfa views the merger agreement approved by the boards of the Federal Home Loan Bank of Seattle and the Federal Home Loan Bank of Des Moines positively.