The Federal Home Loan Bank of Des Moines is part of the FHLBank System, supporting mortgage lending and community development. It offers financial products to over 6,600 member institutions, including banks, credit unions, and insurance companies, helping them manage funding costs and risks[1][2]. The bank's target audience includes financial institutions across 13 states and three U.S. Pacific Territories. Its unique selling proposition is providing stable funding and promoting affordable housing through grants, contributing 10% of its net income to such programs[1][2]. This supports economic development and job growth in its service area.