Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - Federal Home Loan Bank of Des Moines | form8-kq314dividendannounc.htm |
| EX-99.1 - EXHIBIT 99.1 - Federal Home Loan Bank of Des Moines | exhibit991q314dividendanno.htm |
Federal Home Loan Bank of Des Moines |  | ||||
announcement | |||||
November 13, 2014
FHLB Des Moines Releases 2014 Director Election Results
On November 12, 2014, the Board of Directors of FHLB Des Moines certified the results of the 2014 Member and Independent Director Elections. We are pleased to announce the director terms commencing January 1, 2015.
Member Director Election Results
Minnesota - 1 seat available
Number of institutions eligible to vote: | 357 | |
Number of institutions who voted: | 189 | |
Total eligible votes per candidate: | 1,349,757 | |
Total Votes | W. Douglas Hile, President & CEO | Elected – 4 year term |
403,278 | KleinBank | 01/01/15 – 12/31/18 |
19943 County Road 43 | ||
Big Lake, MN 55309 | ||
Total Votes | Greg S. Burger, Market President Luverne |
206,928 | Minnwest Bank |
300 S. Washington Street | |
Redwood Falls, MN 56283 | |
Total Votes | Timothy J. Grabow, President, COO and Director |
136,949 | HomeTown Bank |
1000 E Cook St | |
Redwood Falls, MN 56283 | |
Total Votes | Daniel H. Zaczkowski, EVP and CFO |
53,653 | TruStone Financial Federal Credit Union |
14601 27th Ave N Ste 104 | |
Plymouth, MN 55447 | |
South Dakota - 1 seat available
Number of institutions eligible to vote: | 67 | |
Number of institutions who voted: | 25 | |
Total eligible votes per candidate: | 1,153,923 | |
Total Votes | Steven L. Bumann, CFO | Elected – 3 year term |
253,095 | BankWest, Inc. | 01/01/15 – 12/31/17 |
420 S Pierre St | ||
Pierre, SD 57501 | ||
Total Votes | Brent J. Heinert, President |
27,624 | Plains Commerce Bank |
220 Main St | |
Hoven, SD 57450 | |
North Dakota - 1 member director seat (No Election)
Eric A. Hardmeyer, President and CEO | Elected – 4 year term |
Bank of North Dakota | 01/01/15 – 12/31/18 |
1200 Memorial Hwy | |
Bismarck, ND 58506 | |
On September 23, 2014, Eric A. Hardmeyer was declared elected by the FHLB Des Moines to the Bank’s board in accordance with Federal Housing Finance Agency regulations to a four-year term commencing January 1, 2015. The one directorship in North Dakota was filled without an election because Mr. Hardmeyer was the only nominee.
Independent Director Election Results
District-wide - 2 total seats available
Independent Director - 1 seat available
Number of institutions eligible to vote: | 1,181 | |
Number of institutions who voted: | 365 | |
Total eligible votes per candidate: | 7,298,487 | |
Total Votes | Michelle M. Keeley | Elected – 4 year term |
2,276,243 | Edina, MN | 01/01/15 – 12/31/18 |
31.19% | ||
Public Interest Director - 1 seat available
Number of institutions eligible to vote: | 1,181 | |
Number of institutions who voted: | 349 | |
Total eligible votes per candidate: | 7,298,487 | |
Total Votes | Elsie M. Meeks, SD State Director/ Rural Development | Elected – 4 year term |
2,262,895 | U.S. Dept. of Agriculture | 01/01/15 – 12/31/18 |
31.00% | 200 Fourth Street, SW, Room 210 | |
Huron, SD 57350 | ||