Federal Home Loan Bank of Des Moines

Northwest Area Foundation Collaboration

Challenge

Indian Country is the fastest growing population in the United States. This spike has created a major demand for jobs, housing and financial institutions that can help sustain the private-sector development.

Actions

In 2016, the Bank’s Board of Directors made a $5 million contribution to the Northwest Area Foundation. This contribution will be granted to Native Community Develop Financial Institutions (CDFIs) to expand Native-led economic development. This joint initiative, which launched in November 2017, showcases opportunities for financial institutions and funders to collaborate with Native CDFIs to increase capacity to meet growing capital demands.

Outcomes

Forming this collaboration helps create investments, fosters job growth and supports entrepreneurship in Native communities.

Contact

Nancy Betz: [email protected]

Signing the CEO pledge to diversity and inclusion is an important step for me. The Bank is making progress on several fronts including increasing the diversity of our workforce, ensuring all voices are heard and respected, and shifting the mindset of people about why diversity is integral to our success. I want to leverage our learning with other companies in Central Iowa and beyond, but I also want to learn from others who are further along in their journeys. Being part of the CEO pledge makes all that possible.

Mike Wilson, President and CEO, FHLB Des Moines

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Learn more about what organizations are doing to act on diversity and inclusion.

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