Comment Detail
Date: 07/11/24 First Name: Dawn Last Name: Rankin Email: drrankin@iowastatebanks.com Organization Type: fhlbank Organization: Iowa State Bank Comment
The Des Moines Federal Home Loan Bank is one of our back up sources for liquidity. We have a line of credit relative to our pledged assets . While we test it annually, we have never had to utilize it. The FDIC does require the bank to have alternative sources of cash/liquidity available.
Official websites use .gov
A .gov website belongs to an official government organization in the United States.
Secure .gov websites use HTTPS
A lock (
) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.