Heather Piper Re-appointed to FHLB Des Moines Advisory Council

DES MOINES, Iowa–(BUSINESS WIRE)–Federal Home Loan Bank of Des Moines (FHLB Des Moines) recently re-appointed Heather Piper, President and Chief Executive Officer of Hawaii Community Reinvestment Corporation (HCRC), to its Affordable Housing Advisory Council (Advisory Council) representing the state of Hawaii. Piper begins her three-year term on January 1, 2024.

The role of the Advisory Council is to advise the FHLB Des Moines Board of Directors about the affordable housing and community lending needs of the Bank’s district.

“I am happy to announce the re-appointment of Heather to the Advisory Council. She brings a wealth of experience and expertise,” said Jennifer Ernst, Community Investment Director. “For the past three years, her insight enriched Advisory Council discussions and the advice provided to the Board of Directors about ways FHLB Des Moines can support the affordable housing and community development needs in its district. I look forward to working with her throughout the next three years.”

Since 2015, Piper has worked for HCRC, a Community Development Financial Institution, whose purpose is to provide financing, training and consulting services to impact affordable housing, community and economic development in the state of Hawaii. Prior to joining the HCRC, she held various senior leadership roles in credit and commercial banking for banks in Hawaii.

For more information about FHLB Des Moines Advisory Council, please visit FHLB Des Moines’ website.

The Federal Home Loan Bank of Des Moines is a member-owned cooperative that provides funding solutions and liquidity to nearly 1,200 financial institutions to support mortgage lending, economic development, and affordable housing in their communities. Serving 13 states and three U.S. Pacific territories, FHLB Des Moines is one of 11 regional banks that make up the Federal Home Loan Bank System. Members include community and commercial banks, credit unions, insurance companies, thrifts, and community development financial institutions. The Des Moines Bank is wholly owned by its members and receives no taxpayer funding. For additional information about FHLB Des Moines, please visit www.fhlbdm.com. Follow us on Twitter (@FHLBDM) and visit us on Facebook and LinkedIn.

Contacts

Julie DeVader

PR Manager

515.412.2172

[email protected]