The Federal Home Loan Bank of Des Moines is pleased to announce the results of the 2006 directors’ election for the open seats on the Board for three year terms beginning January 1, 2007. There were no open seats in Minnesota or North Dakota; therefore we did not hold elections in these states. The results for the other states electing directors are as follows:
Iowa — 1 seat available:
Number of institutions eligible to vote: 392 Number of institutions who voted: 282 Total eligible votes per candidate: 2,115,689 Total votes cast: 1,471,475
Total Votes- 1,338,588
Clair J. Lensing Elected–3 year term 01/01/07 – 12/31/09
President & CEO Security State Bank 933 16th Street S.W. P.O. Box 845 Waverly, IA 50677
Total Votes- 92,504
Jeffrey W. Politte, Treasurer/Chief Investment Office Pharmacists Mutual Insurance Company 808 Hwy 18 West P.O. Box 370 Algona, IA 50511
Total Votes- 40,383
Jeffrey J. Steffensmeier, President Village Bank & Trust Company 1201 3rd Street SE Cedar Rapids, IA 52401
Missouri — 2 seats available
Number of institutions eligible to vote: 333 Number of institutions who voted: 215 Total eligible votes per candidate: 1,774,277 Total votes cast: 2,068,310
Total Votes- 718,081
Dale E. Oberkfell Elected–3 year term 01/01/07–12/31/09
President/COO Reliance Bank 11781 Manchester Road. Des Peres, MO 63131
Total Votes- 600,905
D.R. Landwehr Elected–3 year term 01/01/07-12/31/09
President/CEO Community Bank of Missouri 904 Walton Way P.O. Box 188 Richmond, MO 64085
Total Votes- 524,605
Don Reynolds, President/CEO Regional Missouri Bank 1201 S. Missouri P.O. Box 458 Marceline, MO 64658
Total Votes- 164,227
Stephen McCray, Chairman Lawson Bank 401 N. Pennsylvania P.O. Box 67 Lawson, MO 64062
Total Votes- 60,492
Russ Dalke, Vice President & CFO Mazuma Credit Union 9300 Troost Ave. Kansas City, MO 64131
South Dakota – 1 seat available(No Election)
Lynn Schneider Elected – 3 year term 01/01/07 – 12/31/09
President American Bank & Trust 1820 Dakota Avenue South Huron, SD 57350
Incumbent director Lynn Schneider was the only eligible candidate from the state of South Dakota who chose to stand for election. In accordance with the Federal Housing Finance Board’s regulations, the Bank earlier declared Mr. Schneider elected to the Bank’s Board for a three-year term commencing January 1, 2007.
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