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As evidence of collateral pledged to your institution, Federal Home Loan Bank of <br />Des Moines will provide activity receipts as securities are pledged or released. <br />In an effort to be more efficient, we are trans,itioning from providing a monthly <br />Member Securities and Safekeeping Services Joint Custody Receipt by Public Unit <br />to a quarterly receipt. Enclosed is the quarterly Member Securities and <br />Safekeeping Services Joint Custody Receipt by Public Unit detailing securities <br />encumbered' <br />for your benefit. <br />Please contact Mary French, 515.281.1153 or mfrench@fhlbdm.com, with <br />questions. <br />801 Walnut Street, Ste. 200 1 Des Moines, [A 50309-3513 <br />800.544.3452 1 ffiffift.corn <br />