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EX-99.1 - EXHIBIT 99.1 DIVIDEND ANNOUNCEMENT - Federal Home Loan Bank of Des Moinesexhibit991q315dividendanno.htm
8-K - FORM 8-K DIVIDEND ANNOUNCEMENT & DIRECTOR ELECTION - Federal Home Loan Bank of Des Moinesform8-kq315dividendannounc.htm


Federal Home Loan Bank of Des Moines
 
 
 
announcement
 
 
 
 
 
 
 
 

November 12, 2015

FHLB Des Moines Releases 2015 Director Election Results

On November 10, 2015, the Board of Directors of FHLB Des Moines certified the results of the 2015 Member and Independent Director Elections. We are pleased to announce the director terms commencing January 1, 2016.

Member Director Election Results

Iowa - 1 seat available

Number of institutions eligible to vote:
349

Number of institutions who voted:
241

Total eligible votes per candidate:
2,929,402


Total Votes
Chris D. Grimm, President & CEO
Elected – 4 year term
818,830
BANK
01/01/16 – 12/31/19
 
Wapello, IA
 

Total Votes
Kevin J. Swalley, Board Chair and CEO
797,729
GNB Bank
 
Grundy Center, IA

Total Votes
Clair J. Lensing, President and CEO
299,249
Security State Bank
 
Waverly, IA

Total Votes
David C. Eastburn, Chair
65,789
Iowa State Bank and Trust Company
 
Fairfield, IA






Minnesota - 1 seat available

Number of institutions eligible to vote:
341

Number of institutions who voted:
135

Total eligible votes per candidate:
1,396,563


Total Votes
Teresa J. Keegan, SVP & CFO
Elected – 4 year term
382,965
Fidelity Bank
01/01/16 – 12/31/19
 
Edina, MN
 

Total Votes
Vicki L. Turnquist, Board Director
137,674
Citizens Independent Bank
 
St. Louis Park, MN

Total Votes
Richard C. Jones, President and Director
100,259
Randall State Bank
 
Randall, MN

Total Votes
Daniel H. Zaczkowski, EVP & CFO
32,008
TruStone Financial Federal Credit Union
 
Plymouth, MN

Montana - 1 member director seat

Number of institutions eligible to vote:
54

Number of institutions who voted:
39

Total eligible votes per candidate:
146,814


Total Votes
Michael J. Blodnick, CEO
Elected – 4 year term
65,201
Glacier Bank
01/01/16 – 12/31/19
 
Kalispell, MT
 

Total Votes
John R. King, Board Chair and CEO
49,726
Three Rivers Bank of Montana
 
Kalispell, MT






Independent Director Election Results

District-wide - 4 total seats available

Independent Director - 3 seats available
Number of institutions eligible to vote:
1,471

Number of institutions who voted:
538

Total eligible votes per candidate:
10,277,825


Total Votes
Ellen Z. Lamale
Elected – 4 year term
3,651,082
West Des Moines, IA
01/01/16 – 12/31/19
35.52%
 
 

Total Votes
Michael W. McGowan, CEO
Elected – 4 year term
3,186,442
DCM Limited
01/01/16 – 12/31/19
31.00%
Missoula, MT
 

Total Votes
John H. Robinson, Chair
Elected – 4 year term
3,146,448
Hamilton Ventures, LLC
01/01/16 – 12/31/19
30.61%
Kansas City, MO
 

Public Interest Director - 1 seat available
Number of institutions eligible to vote:
1,471

Number of institutions who voted:
496

Total eligible votes per candidate:
10,277,825


Total Votes
Marianne M. Emerson
Elected – 4 year term
3,527,971
Bellevue, WA
01/01/16 – 12/31/19
34.33%