Hancock Whitney and FHLB Dallas Award $8K to Workforce Development Nonprofit

BY Business Wire | AGENCY | 10/18/22 06:20 PM EDT

Dress for Success Shreveport-Bossier Awarded Partnership Grant Program Funds

SHREVEPORT, La.--(BUSINESS WIRE)-- Hancock Whitney Bank (Hancock Whitney) and the Federal Home Loan Bank of Dallas (FHLB Dallas) gathered to award $8,000 in Partnership Grant Program (PGP) funds to Dress for Success Shreveport-Bossier (Dress for Success). Dress for Success provides low-income women with workforce development, professional soft skills and interview attire to obtain and retain employment.

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?Our organization helps women to become better versions of themselves,? said Erica McCain, executive director for Dress for Success. ?Our programs and financial partnerships play a critical role in all our efforts. We are grateful for the support from Hancock Whitney and FHLB Dallas to further our mission for women in Shreveport-Bossier.?

Dress for Success plans to use its grant to support an onsite Career Center, which provides job readiness resources. The center is fully equipped with workstations to search for employment and create a resume.

?We have seen the amazing transformations first-hand from this organization," said Hancock Whitney Community Development Officer LaCarsha Babers. ?The work at Dress for Success aligns with ours when it comes to making a difference in the communities we serve. Hancock Whitney is ecstatic for our investment to go further in partnership with FHLB Dallas.?

In 2022, FHLB Dallas and its members provided nearly $559,000 in PGP funds to 38 community organizations in its five-state District of Arkansas, Louisiana, Mississippi, New Mexico and Texas. See the complete list of the grant recipients and visit fhlb.com/pgp to learn more.

?Hancock Whitney has been a tremendous partner and community advocate,? said Greg Hettrick, first vice president and director of Community Investment at FHLB Dallas. ?We appreciate their work to improve workforce skills for women involved in Dress for Success.?

About Hancock Whitney Bank

Since the late 1800s, Hancock Whitney has embodied core values of Honor & Integrity, Strength & Stability, and Commitment to Service, Teamwork, and Personal Responsibility. Hancock Whitney offices and financial centers in Mississippi, Alabama, Florida, Louisiana, and Texas offer comprehensive financial products and services, including traditional and online banking; commercial and small business banking; private banking; trust and investment services; healthcare banking; certain insurance services; and mortgage services. The company also operates a loan production office in Nashville, Tennessee.

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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Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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