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| | | | Federal Home Loan Bank of Des Moines |
| | | Announcements | | |
FHLB Des Moines Releases 2012 Director Election Results
On November 8, 2012, the Board of Directors of FHLB Des Moines certified the results of the 2012 Member and Independent Director Elections. We are pleased to announce the election results for director terms commencing January 1, 2013.
Member Director Election Results
Iowa - 1 seat available
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| Number of institutions eligible to vote | 365 |
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| Number of institutions who voted | 184 |
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| Total eligible votes per candidate | 2,769,496 |
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| Total Votes | John P. Rigler, II, President & CEO | Elected – 4 year term |
| 888,441 | State Bank and Trust Company | 01/01/13 – 12/31/16 |
| | 25 North Chestnut | |
| | New Hampton, IA 50659 | |
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| Total Votes | David D. Nelson, CEO & Chairman |
| 562,865 | West Bank |
| | 1601 22nd Street |
| | West Des Moines, IA 50266 |
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| Total Votes | Brad W. Kirkpatrick, Director |
| 124,394 | Central State Bank |
| | 109 W. Main |
| | State Center, IA 50247 |
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| Total Votes | Tom R. Spread, EVP & SLO, Director |
| 34,707 | Community Bank and Trust Company |
| | 615 Cedar Street |
| | Muscatine, IA 52761 |
South Dakota - 1 member director seat (No Election)
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Van D. Fishback, Director & Vice Chairman | Elected – 4 year term |
| First Bank & Trust | 01/01/13 – 12/31/16 |
520 6th Street | |
| Brookings, SD 57006 | |
On September 20, 2012, Van D. Fishback 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, 2013. The one directorship in South Dakota was filled without an election because Mr. Fishback was the only nominee.
Independent Director Election Results
District-wide - 2 total seats available
Independent Directors - 1 seat available
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| Number of institutions eligible to vote | 1,206 |
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| Number of institutions who voted | 320 |
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| Total eligible votes per candidate | 6,892,244 |
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| Total Votes | Paula R. Meyer, Principal | Elected – 4 year term |
| 2,373,963 | Paula R. Meyer Consulting | 01/01/13 – 12/31/16 |
| | 1360 487th Street | |
| | St. Ansgar, IA 50472 | |
Public Interest Director (PID) - 1 seat available
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| Number of institutions eligible to vote | 1,206 |
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| Number of institutions who voted | 324 |
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| Total eligible votes per candidate | 6,892,244 |
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| Total Votes | John F. Kennedy, Sr., EVP & CFO | Elected – 4 year term |
| 2,398,586 | St. Louis Equity Fund, Inc. | 01/01/13 – 12/31/16 |
| | 707 N. 2nd Street, Suite 308 | |
| | St. Louis, MO 63102 | |
