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Product Brochures - Federal Home Loan Bank of Des Moines

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Member Financial ServicesWire TransferServices800.544.3452, ext. 5414Fax: 515.699.1245mfs-mpfservice@fhlbdm.comAccount TransactionServices800.544.3452, ext. 5415Fax: 515.699.1245mfs-mpfservice@fhlbdm.comFHLB <strong>Des</strong> <strong>Moines</strong> members have access to a variety <strong>of</strong> services that will help them meet theirday-to-day cash management needs more efficiently, saving time and money.FHLB <strong>Des</strong> <strong>Moines</strong> provides acomprehensive wire transferservice that allows members toexecute wire transfer transactionsthrough their Demand Deposit orDaily Time Account.Wire Transfer ServicesFHLB <strong>Des</strong> <strong>Moines</strong> simple and efficient wire transfer service saves members valuable timeand expense by allowing same day credit on all incoming funds transfers; phone, fax ore-mail notification <strong>of</strong> incoming wires; and the initiation <strong>of</strong> outgoing funds transfers. FHLB <strong>Des</strong><strong>Moines</strong> complies with the Office <strong>of</strong> Foreign Asset regulation. Fund conversion and foreign wireorigination in approved currencies is also available.Wiring DeadlinesBoth incoming and outgoing wire transfers are available from 8:00 AM – 4:30 PM CentralTime.ACCOUNT ServicesThe Account Transaction Services area <strong>of</strong>fers members an efficient method to manage their cashposition. Real time transaction posting and reporting is available through eAdvantage, the <strong>Bank</strong>’ssecure online banking system.Certificates <strong>of</strong> DepositPurchased Member Certificates <strong>of</strong> DepositFHLB <strong>Des</strong> <strong>Moines</strong> purchases Certificates <strong>of</strong> Deposit from its federally insured members up to aterm <strong>of</strong> five years for a maximum <strong>of</strong> $250,000, including interest.Term Time CDsMembers may purchase Term Time Certificates <strong>of</strong> Deposit. View the current rate indicationsor contact the Member Financial Services Department. Interest is paid at maturity and no earlywithdrawals.6/1/12

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