What changed
The nomination period for the 2026 FHLB Des Moines director election concluded July 22, 2026. North Dakota had only one eligible candidate, Karl Bollingberg, Director of Cornerstone Bank in Fargo, who accepted his nomination and is declared reelected under FHFA regulations. He will begin serving his third full term on January 1, 2027. Idaho and Wyoming each have one member director seat to fill, and two independent director seats will be filled through a district-wide election.
Why it matters
The nomination period for the 2026 FHLB Des Moines director election concluded July 22, 2026. North Dakota had only one eligible candidate, Karl Bollingberg, Director of Cornerstone Bank in Fargo, who accepted his nomination and is declared reelected under FHFA regulations. He will begin serving his third full term on January 1, 2027. Idaho and Wyoming each have one member director seat to fill, and two independent director seats will be filled through a district-wide election.