Comment Detail
Date: 03/04/23 First Name: Kyle Last Name: Elliott Email: kje@commercialtrust.com Organization Type: other Organization: Commercial Trust Company - Fayette, MO Comment
FHLB of Des Moines has been a vital partner to our bank for many years. They have helped us finance over $50 million in long-term financing for residential real estate in our rural county. With FHLB advances, we are also able to compete with larger banks on terms for loans in our area. We will continue to need the help of FHLB if we want to remain competitive for the foreseeable future.
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