Page 41 - May 23, 2024 Bulletin

Women Empowering Women is a non-profit located in Dickinson
that is committed to encouraging the betterment of women and
aSSoCiaTe
building stronger communities. They will receive $10,000. (pictured
below)

HAPPENINGS

Bismarck/Fargo
Five Dakota Carrier Network (DCN) employees recently earned
MEF Carrier Ethernet Certified Professional (CECP) certification
following a week of intensive training and successful exam
YWCA Cass Clay is non-profit located in Fargo. They offer a completion.
place for women and children to turn to as they escape violence,
homelessness, and crisis. Theyn will receive $20,000. (pictured The following DCN team members were certified:
below) Nathan Briggs, ethernet/
IP technician I, Bismarck
Logan Mitchell,
ethernet/IP technician I,
Bismarck
Travis Opdahl, network
operations center
manager, Bismarck Nathan Briggs Logan Mitchell
Trudy Boelter, sales
support representative,
Fargo
Jim Swenson, network
design specialist, Fargo
Rugby

Cornerstone Bank recently broke ground for a new building. Des Moines, IA
Cornerstone Bank’s future location in Rugby will be directly east of The Federal Home Travis Opdahl Trudy Boelter
Home of Economy, adjacent to Highway 2. The facility is expected Loan Bank of Des Moines (FHLB Des
to be operational spring of 2025. Moines) launched a new product, Mortgage
Rate Relief, which will provide $25 million
in grant funds to those seeking affordable
homeownership. This product is designed to
make homeownership attainable for borrowers
at or below 80% of the Federal Housing
Finance Agency’s (FHFA) Underserved Areas
Data, by permanently reducing their interest Jim Swenson
rate by approximately 2 percentage points lower than the current
market rate.

The new Mortgage Rate Relief product is available to Participating
Financial Institutions within the Mortgage Partnership Finance®
(MPF®) Program. This is one of two major initiatives FHLB Des
Moines has committed to through their voluntary contribution
programs. Introduced in 2023, the Member Impact Fund, has
provided $35 million to hundreds of non-profit and government
agencies in targeted states throughout the FHLB Des Moines
district.

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