Media Advisory: FBT Bank & Mortgage and FHLB Dallas to Award $16K to Pine Bluff Nonprofit

BY Business Wire | AGENCY | 10/24/22 11:52 AM EDT

***11:30 a.m. Wednesday, October 26, 2007 E. 8th Ave., Pine Bluff, AR 71603***

PINE BLUFF, Ark.--(BUSINESS WIRE)-- FBT Bank & Mortgage and the Federal Home Loan Bank of Dallas (FHLB Dallas) will award $16,000 in Partnership Grant Program (PGP) funds to Home Again Pine Bluff, a community-based organization that helps those in need move from poverty into self-sufficiency. The funds will be awarded during a ceremonial check presentation on Wednesday, October 26 at one of the nonprofit?s rehabbed houses. The media is encouraged to attend.

Home Again Pine Bluff plans to use the funds toward its financial education, parenting and homeownership counseling services.

PGP funds help nonprofits fund a variety of operational and administrative activities. FHLB Dallas matches member institution contributions of $500 to $4,000 by a 3:1 ratio.

WHAT:

Check presentation for Home Again Pine Bluff

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WHEN:

11:30 a.m., Wednesday, October 26, 2022

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WHO:

Daniel Pledger, Vice President, FBT Bank & Mortgage

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Lance Nutt, Executive Vice President, FBT Bank & Mortgage

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Matt Mosler, Executive Director, Home Again Pine Bluff

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Melanie Dill, Community and Economic Development Product Manager, FHLB Dallas

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WHERE:

Rehabbed House, 2007 E. 8th Ave., Pine Bluff, AR 71603

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Source: Federal Home Loan Bank of Dallas

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

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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