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FEDERAL HOME LOAN BANK OF SEATTLE FILES (8-K) Disclosing Other Events, Financial Statements and Exhibits

July 31, 2014



Item 8.01. Other Events.

On July 31, 2014, the Federal Home Loan Bank of Seattle (the "FHLB Seattle") and the Federal Home Loan Bank of Des Moines (the "FHLB Des Moines") issued a joint press release announcing that they have entered into an exclusivity arrangement and begun due diligence review and negotiations regarding a potential merger of the two banks. A merger would require approval from the Federal Housing Finance Agency, as well as from member-owners of the FHLB Seattle and the FHLB Des Moines. There can be no assurance an agreement relating to a potential merger or any other transaction between the Banks will be entered into or completed.

In addition, on July 31, 2014, the FHLB Seattle distributed an announcement to its members regarding the potential merger.

A copy of the press release and the member announcement are filed herewith as Exhibits 99.1 and 99.2, respectively, and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number Description 99.1 Press Release, dated July 31, 2014. 99.2 Member Announcement, dated July 31, 2014.

-------------------------------------------------------------------------------- Signature(s)



Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Federal Home Loan Bank of Seattle



Date: July 31, 2014 By: /s/ Michael L. Wilson

Michael L. Wilson President and Chief Executive Officer



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Source: Edgar Glimpses


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