Advertisement

Topics

FHLB Des Moines Releases 2015 Annual Stress Test Disclosures

20:00 EDT 22 Jul 2015 | Globe Newswire

DES MOINES, Iowa, July 23, 2015 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of Des Moines today made available the results of its second annual stress test as required by its regulator, the Federal Housing Finance Agency. As a result of the merger transaction with Federal Home Loan Bank of Seattle on May 31, 2015, the Bank also made available the results of the Seattle Bank’s second annual stress test. Results can be found on the Bank’s investor relations page:

http://www.fhlbdm.com/about/investor-relations/

The stress tests estimate each of the Banks’ capital levels under hypothetical severely adverse economic conditions. Results are projected over a nine-quarter period beginning with capital balances as of September 30, 2014. The estimates exclude the impact of the merger transaction and should not be regarded as forecasts of actual financial results.

Questions regarding the results of the stress tests should be directed to Angie Richards by calling 515.281.1014.

The Federal Home Loan Bank of Des Moines is a member-owned cooperative that provides funding solutions and liquidity to nearly 1,500 financial institutions to support mortgage lending, economic development and affordable housing in their communities. Serving Alaska, Hawaii, Idaho, Iowa, Minnesota, Missouri, Montana, North Dakota, Oregon, South Dakota, Utah, Washington and Wyoming, the U.S. territories of American Samoa and Guam and the Commonwealth of the Northern Mariana Islands, FHLB Des Moines is one of 11 regional Banks that make up the Federal Home Loan Bank System. Members include community and commercial banks, credit unions, insurance companies, thrifts and community development financial institutions. The Des Moines Bank is wholly owned by its members and receives no taxpayer funding. For additional information about FHLB Des Moines, please visit www.fhlbdm.com. 

Contact:
Angie Richards
515.281.1014
arichards@fhlbdm.com

Primary Logo

NEXT ARTICLE

More From BioPortfolio on "FHLB Des Moines Releases 2015 Annual Stress Test Disclosures"

Advertisement
Quick Search
Advertisement
Advertisement

 

Relevant Topics

Stress
Stress is caused by your perception of situations around you and then the reaction of your body to them. The automatic stress response to unexpected events is known as 'fight or flight'. Discovered by Walter Cannon in 1932, it is the release of h...

Mergers & Acquisitions
Commercial and market reports on mergers and acquisitions in the biotechnology, pharmaceutical, medical device and life-science industries. Mergers and acquisitions (abbreviated M&A;) is an aspect of corporate strategy, corporate finance and manageme...

Mental Health
Adhd Anorexia Depression Dyslexia Mental Health Psychiatry Schizophrenia Stress Mental health, although not being as obvious as physical health, is very important, causing great unhappiness to those affected, causing add...