<P> On July 31, 2014, it was announced that the Federal Home Loan Banks of Seattle and Des Moines were discussing a potential merger . The merger was completed on June 1, 2015 . </P> <Ul> <Li> To amend the Federal Home Loan Bank Act to authorize privately insured credit unions to become members of a Federal home loan bank (H.R. 3584; 113th Congress) - a bill that would amend the Federal Home Loan Bank Act to treat certain privately insured credit unions as insured depository institutions for purposes of determining eligibility for membership in a federal home loan bank . This change would make such credit unions "eligible for membership in the Federal Home Loan Bank System ." </Li> </Ul> <Li> To amend the Federal Home Loan Bank Act to authorize privately insured credit unions to become members of a Federal home loan bank (H.R. 3584; 113th Congress) - a bill that would amend the Federal Home Loan Bank Act to treat certain privately insured credit unions as insured depository institutions for purposes of determining eligibility for membership in a federal home loan bank . This change would make such credit unions "eligible for membership in the Federal Home Loan Bank System ." </Li>

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