Exhibit 99.3
Statement of Merger Agreement Ratification Results
February 27, 2015
FHLB Des Moines Announces Results of Merger Agreement Ratification Vote
On February 27, 2015, the Board of Directors of the Federal Home Loan Bank of Des Moines (“FHLB Des Moines”) announced the results of the member vote to ratify the Agreement and Plan of Merger between FHLB Des Moines and the Federal Home Loan Bank of Seattle, dated September 25, 2014 (the “Merger Agreement”), pursuant to which the Federal Home Loan Bank of Seattle will be merged with and into the FHLB Des Moines. We are pleased to announce that our members have ratified the Merger Agreement.
Member Merger Agreement Ratification Vote Results
| Number of eligible votes: | 8,784,885 | |
| Number of members voting in the election: | 710 | |
| Number of votes for the ratification of the Merger Agreement: | 6,403,053 | |
| Number of votes against the ratification of the Merger Agreement: | 252,630 | |
| Number of votes eligible to be cast by members that abstained: | 33,866 | |
| Number of votes eligible to be cast by members that failed to return a completed ballot or returned a ballot that was not timely or properly completed: | 1,004 | |