8-K: FHLB Des Moines Sets 2027 Director Fees: Chair $165,000, Other Directors $123,000

The Federal Home Loan Bank of Des Moines adopted a 2027 director fee policy effective January 1, 2027, setting annual compensation of $165,000 for the Board Chair, $142,000 for Vice Chair, $137,000 for Chairs of the Audit, Risk and Compliance and Human Resources Compensation Committees, $130,210 for Chairs of all other Board Committees, and $123,000 for all other Directors. Directors receive one quarter of annual compensation on the last business day of each calendar quarter, and a Director attending less than 75% of required meetings in a year forfeits the fourth-quarter payment. Spouse guest expenses up to $2,000 per year are treated as compensation.

The Federal Home Loan Bank of Des Moines adopted a 2027 director fee policy effective January 1, 2027, setting annual compensation of $165,000 for the Board Chair, $142,000 for Vice Chair, $137,000 fo