Home Bank and FHLB Dallas Award $17K to Lafayette Nonprofit

BY Business Wire | AGENCY | 10/13/22 10:11 AM EDT

FHLB Dallas? Partnership Grant Program Provides 3:1 Match of Members? Donations

LAFAYETTE, La.--(BUSINESS WIRE)-- Home Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) awarded $17,000 to The Hub: Lafayette Urban Ministries (The Hub). The Hub is a community-based organization (CBO) that provides access to essential resources and support to people recovering from addiction and mental illness.

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Awarded annually through FHLB Dallas? member institutions, Partnership Grant Program (PGP) funds help promote and strengthen relationships between CBOs and FHLB Dallas members. FHLB Dallas matches member contributions of $500 to $4,000 at a 3:1 ratio.

?Home Bank is committed to serving the needs of our communities, and we are pleased to join with FHLB Dallas to support The Hub and the incredible work they do across Lafayette,? said Kelvin Luster, community development director at Home Bank.

The Hub plans to use its PGP award to continue its weekly program ministries which provides meals and opportunities to participate in classes such as financial literacy, resume building, computer skills and more.

The Hub is one of seven local nonprofit organizations that Home Bank is supporting with PGP funding this year. Together, Home Bank and FHLB Dallas contributed more than $67,000 to seven CBOs across Louisiana, Mississippi and Texas.

?Home Bank pours its resources into communities,? said Greg Hettrick, first vice president and director of Community Investment at FHLB Dallas. ?Addiction and mental illness afflict so many people, it is an honor to partner with a financial institution that shows this level of commitment to caring for their constituents.?

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 Home Bank, N.A.

Home Bank, N.A., founded in 1908 as Home Building & Loan, is the oldest financial institution founded in Lafayette Parish. Home Bank now serves markets in South Louisiana and Mississippi in 40 locations. Home Bank is committed to serving the needs of our communities. Personal banking has always been Home Bank?s trademark and that tradition continues as we grow, invest and serve our clients and community. We live our values each day, focusing on integrity, innovation and a commitment to serving others. For more information about Home Bank, visit www.home24bank.com.

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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