Attached files
file | filename |
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8-K - 8-K - Federal Home Loan Bank of Seattle | a8kmerger-membervoteresults.htm |
EX-99.1 - EXHIBIT 99.1 - Federal Home Loan Bank of Seattle | ex991_memberapprovalpressr.htm |
EX-99.2 - EXHIBIT 99.2 - Federal Home Loan Bank of Seattle | ex992_mnxmergervoteannounc.htm |
EXHIBIT 99.3
Seattle Bank Statement of Merger Agreement Ratification Results
February 27, 2015
Seattle Bank Announces Results of Merger Agreement Ratification Vote
On February 27, 2015, the Federal Home Loan Bank of Seattle (“Seattle Bank”) announced the results of the member vote to ratify the Agreement and Plan of Merger between the Federal Home Loan Bank of Des Moines (“Des Moines Bank”) and the Seattle Bank, dated September 25, 2014 (the “Merger Agreement”), pursuant to which the Seattle Bank will be merged with and into the Des Moines Bank. We are pleased to announce that our members have ratified the Merger Agreement.
Member Merger Agreement Ratification — Seattle Bank Vote Results
Number of eligible votes: | 1,821,877 |
Number of members voting in the election: | 240 |
Number of votes for the ratification of the Merger Agreement: | 1,490,582 |
Number of votes against the ratification of the Merger Agreement: | 12,497 |
Number of votes eligible to be cast by members that abstained: | 297 |
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: | 318,501 |