FHLB Des Moines Releases 2014 Annual Stress Test Disclosure Print
News Releases - Business & Economy
Written by Megan Field   
Thursday, 17 July 2014 13:45
Results of the Federal Housing Finance Agency Annual Stress
Test Under the Severely Adverse Scenario

DES MOINES, Iowa, July 17, 2014 (GLOBE NEWSWIRE) -- The Federal Home
Loan Bank of Des Moines today made available the results of its first
annual stress test as required by its regulator, the Federal Housing
Finance Agency. Results can be found on the Bank's investor relations
page:

www.fhlbdm.com/about-fhlb-des-moines/investor-relations/

The stress test estimates the Bank's capital levels under hypothetical
severely adverse economic conditions.

These estimates should not be regarded as forecasts of actual financial
results. These results are modeled projections and may not reflect the
actual impact to the Bank if such a hypothetical scenario were to
occur.

Questions regarding the results of the stress test should be directed
to Megan Feld by calling 515.281.1159.

The Federal Home Loan Bank of Des Moines is a wholesale cooperative
bank that provides low-cost short and long-term funding and community
lending to more than 1,200 members, including commercial banks, saving
institutions, credit unions and insurance companies. The Bank is wholly
owned by its members and receives no taxpayer funding. The Des Moines
Bank serves Iowa, Minnesota, Missouri, North Dakota and South Dakota
and is one of twelve regional Banks that make up the Federal Home Loan
Bank System.
blog comments powered by Disqus