First National Bank of Louisiana and FHLB Dallas Award $16K to Crowley Nonprofit

BY Business Wire | AGENCY | 10/11/22 05:49 PM EDT

Crowley Main Street Awarded Partnership Grant Program Funds

CROWLEY, La.--(BUSINESS WIRE)-- First National Bank of Louisiana (FNB) and the Federal Home Loan Bank of Dallas (FHLB Dallas) recently awarded a $16,000 Partnership Grant Program (PGP) subsidy to Crowley Main Street, an organization leading the revitalization of historic downtown Crowley, Louisiana.

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?We are grateful for this funding from First National Bank and FHLB Dallas that will assist us in carrying out our mission of generating positive economic growth,? said Crowley Main Street Director Callie Zaunbrecher.

Crowley Main Street plans to use a portion of the grant to help fund its fa?ade grant program for downtown merchants to improve their building fronts and signage. It also plans to use funds for website operational costs and educational opportunities for its staff.

?Crowley Main Street is making a positive difference in the community and serves as a vital resource for preserving our local history,? said Cindy Miller, senior vice president and chief operations and compliance officer at FNB. ?We are thrilled to provide this impactful funding through our partnership with FHLB Dallas.?

In 2022, FHLB Dallas and its members provided $558,985 in PGP funding throughout FHLB Dallas? five-state District of Arkansas, Louisiana, Mississippi, New Mexico and Texas.

?We commend the commitment of First National Bank to enriching the local communities it serves,? said Greg Hettrick, first vice president and director of Community Investment at FHLB Dallas. ?Our partnership with them and the matching-grant nature of the PGP has enabled us to further the important work of Crowley Main Street.?

See the complete list of the 2022 PGP grant recipients. For more information about the 2022 PGP grants and other FHLB Dallas community investment products and programs, please visit fhlb.com/pgp.

About First National Bank of Louisiana

First National Bank was established in the 1920s on the strength and stability of the local community of Crowley, Louisiana. Since inception, First National Bank has grown to hold over $580 million in assets, ensuring personal service as the cornerstone. Although the original Crowley Skyscraper is still referred to as home, locations now extend into Lafayette, Sulphur, and Lake Charles.

About the Federal Home Loan Bank of Dallas

The Federal Home Loan Bank of Dallas is one of 11 district banks in the FHLBank System created by Congress in 1932. FHLB Dallas, with total assets of $77.7 billion as of June 30, 2022, serves approximately 800 members and associated institutions across our five-state District of Arkansas, Louisiana, Mississippi, New Mexico and Texas. FHLB Dallas provides financial products and services including advances (loans to members) and grant programs for affordable housing and economic development. For more information, visit our website at fhlb.com.

Source: Federal Home Loan Bank of Dallas

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