Latest news with #FHLBDallas
Yahoo
a day ago
- Business
- Yahoo
FHLB Dallas and The First National Bank of McGregor Award $12K Grant to Texas Retiree
Funds Used to Replace Roof Badly in Need of Repair WACO, Texas, June 02, 2025--(BUSINESS WIRE)--With a new roof over her head, Mary Hamilton can once again relax in her home of 50 years. She received a $12,000 Special Needs Assistance Program (SNAP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas), through FHLB Dallas member The First National Bank of McGregor (TFNB), to replace the roof on her home. Awarded through FHLB Dallas member institutions, SNAP provides grants for the repair and rehabilitation of owner-occupied housing of eligible, special-needs individuals such as elderly and disabled homeowners. "I'm so happy to have a new roof," Ms. Hamilton said. "There's no way I would've been able to afford it without this grant." Ms. Hamilton has osteoarthritis and has trouble walking. She lives in her Waco, Texas, home with her son and grandson. Now retired, the former accountant worked at a large retailer in various roles for 24 years. She discovered the SNAP program through Waco Habitat of Humanity. TFNB partners with Habitat for Humanity to identify residents who need major repairs. "We are so pleased to be a part of this program," said Jason Lavender, executive vice president at TFNB. "So many homeowners have major repairs that they just can't afford. That's where SNAP comes in." FHLB Dallas set aside $2 million of its 2025 Affordable Housing Program funds for SNAP. "It's rewarding to see this program in action," said Greg Hettrick, senior vice president and director of Community Investment at FHLB Dallas. "These funds have a direct impact on homeowners' comfort, safety and sense of well-being." More than $28 million in funds has been awarded to households in FHLB Dallas' District of Arkansas, New Mexico, Mississippi, Louisiana and Texas since the creation of the SNAP in 2009. "I'm so pleased and happy and blessed," said Ms. Hamilton. "It's pretty awesome that people do these kinds of things." Learn more about the SNAP. About TFNB Your Bank for Life For 136 years, TFNB has been more than a bank—we've been a trusted neighbor, a steadfast partner, and a pillar of the Central Texas community. Founded in 1889 as The First National Bank of McGregor, we are the oldest bank in McLennan County and the seventh oldest national bank in Texas still operating under its original charter. But our story isn't just about longevity; it's about the relationships we've built and the communities we continue to serve. 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 $109.9 billion as of March 31, 2025, is a member-owned cooperative that supports housing and community development by providing competitively priced loans and other credit products to approximately 800 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. For more information, visit View source version on Contacts Corporate CommunicationsFederal Home Loan Bank of (214) 441-8445 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
a day ago
- Business
- Business Wire
FHLB Dallas and The First National Bank of McGregor Award
WACO, Texas--(BUSINESS WIRE)--With a new roof over her head, Mary Hamilton can once again relax in her home of 50 years. 'It's rewarding to see this program in action,' said Greg Hettrick, senior vice president and director of Community Investment at FHLB Dallas. 'These funds have a direct impact on homeowners' comfort, safety and sense of well-being.' Share She received a $12,000 Special Needs Assistance Program (SNAP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas), through FHLB Dallas member The First National Bank of McGregor (TFNB), to replace the roof on her home. Awarded through FHLB Dallas member institutions, SNAP provides grants for the repair and rehabilitation of owner-occupied housing of eligible, special-needs individuals such as elderly and disabled homeowners. 'I'm so happy to have a new roof,' Ms. Hamilton said. 'There's no way I would've been able to afford it without this grant.' Ms. Hamilton has osteoarthritis and has trouble walking. She lives in her Waco, Texas, home with her son and grandson. Now retired, the former accountant worked at a large retailer in various roles for 24 years. She discovered the SNAP program through Waco Habitat of Humanity. TFNB partners with Habitat for Humanity to identify residents who need major repairs. 'We are so pleased to be a part of this program,' said Jason Lavender, executive vice president at TFNB. 'So many homeowners have major repairs that they just can't afford. That's where SNAP comes in.' FHLB Dallas set aside $2 million of its 2025 Affordable Housing Program funds for SNAP. 'It's rewarding to see this program in action,' said Greg Hettrick, senior vice president and director of Community Investment at FHLB Dallas. 'These funds have a direct impact on homeowners' comfort, safety and sense of well-being.' More than $28 million in funds has been awarded to households in FHLB Dallas' District of Arkansas, New Mexico, Mississippi, Louisiana and Texas since the creation of the SNAP in 2009. 'I'm so pleased and happy and blessed,' said Ms. Hamilton. 'It's pretty awesome that people do these kinds of things.' Learn more about the SNAP. For 136 years, TFNB has been more than a bank—we've been a trusted neighbor, a steadfast partner, and a pillar of the Central Texas community. Founded in 1889 as The First National Bank of McGregor, we are the oldest bank in McLennan County and the seventh oldest national bank in Texas still operating under its original charter. But our story isn't just about longevity; it's about the relationships we've built and the communities we continue to serve. 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 $109.9 billion as of March 31, 2025, is a member-owned cooperative that supports housing and community development by providing competitively priced loans and other credit products to approximately 800 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. For more information, visit
Yahoo
27-05-2025
- Business
- Yahoo
Louisiana Veteran Replaced Hurricane-Damaged Roof with Help of Funds from $1M FHLB Dallas Program
Program Assists Disabled Military Veterans and Gold Star Families with Housing Needs HOUMA, La., May 27, 2025--(BUSINESS WIRE)--It's been almost four years since Hurricane Ida swept through Houma, Louisiana, wreaking havoc on the home of June and Lloyd Wallis and many others in its path. Lloyd Wallis recently received a Housing Assistance for Veterans (HAVEN) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) provided through FHLB Dallas member Synergy Bank to replace the couple's roof. HAVEN provides grants for home modifications, housing construction and homebuyer down payment assistance to help veterans, reservists and service members who have a service-related disability. It can also be used by Gold Star Families. The grants are provided through FHLB Dallas member financial institutions participating in the program. The Wallis' learned of the program through Rebuilding Together Bayou. "FHLB Dallas has been helping us extensively since Hurricane Ida through several of their grant programs; their assistance has been incredible," said Lee Shaffer, director of Rebuilding Together Bayou. "Veterans of the Korea and Vietnam conflicts are now reaching advanced ages, where they could use help, and HAVEN is having a dramatic and positive impact on their lives." FHLB Dallas allocated $1 million for HAVEN grants in 2025, up from $300,000 in 2024. This year, it also increased the maximum grant from $20,000 to $25,000 and opened the program, originally created for Gulf War vets, to all veterans. "Synergy Bank is proud to be able to assist veterans in our community through this impactful program," Synergy Bank President and CEO Jerry Ledet Jr. "Every repaired roof and every home restored is a reminder that when we come together, we can bring hope and healing to our community. We're grateful to be part of something that makes such a real difference in people's lives. We are stronger together." Mr. Wallis, 75, spent two years in the jungles of Vietnam with the Marine Corps. He was awarded a $23,845 grant. His home suffered major roof damage from Ida in August 2021. "We patched it up the best we could, but we didn't have the funds to replace it," said Mr. Wallis, who has lived in the home for more than 45 years. He and his wife raised their six children there and have hosted scores of grandchildren in a home that serves as the epicenter of a large extended family. When they aren't enjoying their grandchildren, the semi-retired couple operate a snowball stand and volunteer in their church. Mrs. Wallis said the couple "felt excited and blessed" to receive the grant. "We couldn't have afforded this new roof without it," she said. "Synergy Bank and Rebuilding Together are working additional HAVEN grant applications for local vets whose homes suffered hurricane damage," Mr. Shaffer said. Greg Hettrick, senior vice president and director of Community Investment at FHLB Dallas, said FHLB Dallas hopes to increase the fund's impact with this year's increased funding and wider eligibility. "With our expansion of HAVEN access, we are reaching Vietnam and Korea veterans for the first time, and we hope to make a positive impact in providing them access to safe and affordable housing," Mr. Hettrick said. "We value Synergy Bank's support for HAVEN and its outreach to veterans in need in the communities they serve." Learn more about the HAVEN program. About Synergy Bank Synergy is a locally owned community bank with 10 locations throughout the Bayou and Capital Regions of Louisiana. As of March 31, 2025, the company's total assets equaled $1.224 billion. Further information may be obtained from its website at 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 $109.9 billion as of March 31, 2025, is a member-owned cooperative that supports housing and community development by providing competitively priced loans and other credit products to approximately 800 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. For more information, visit View source version on Contacts Corporate CommunicationsFederal Home Loan Bank of (214) 441-8445 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
27-05-2025
- Business
- Business Wire
Louisiana Veteran Replaced Hurricane-Damaged Roof with Help of Funds from $1M FHLB Dallas Program
HOUMA, La.--(BUSINESS WIRE)--It's been almost four years since Hurricane Ida swept through Houma, Louisiana, wreaking havoc on the home of June and Lloyd Wallis and many others in its path. FHLB Dallas allocated $1 million for HAVEN grants in 2025, up from $300,000 in 2024. Lloyd Wallis recently received a Housing Assistance for Veterans (HAVEN) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) provided through FHLB Dallas member Synergy Bank to replace the couple's roof. HAVEN provides grants for home modifications, housing construction and homebuyer down payment assistance to help veterans, reservists and service members who have a service-related disability. It can also be used by Gold Star Families. The grants are provided through FHLB Dallas member financial institutions participating in the program. The Wallis' learned of the program through Rebuilding Together Bayou. 'FHLB Dallas has been helping us extensively since Hurricane Ida through several of their grant programs; their assistance has been incredible,' said Lee Shaffer, director of Rebuilding Together Bayou. 'Veterans of the Korea and Vietnam conflicts are now reaching advanced ages, where they could use help, and HAVEN is having a dramatic and positive impact on their lives.' FHLB Dallas allocated $1 million for HAVEN grants in 2025, up from $300,000 in 2024. This year, it also increased the maximum grant from $20,000 to $25,000 and opened the program, originally created for Gulf War vets, to all veterans. 'Synergy Bank is proud to be able to assist veterans in our community through this impactful program,' Synergy Bank President and CEO Jerry Ledet Jr. 'Every repaired roof and every home restored is a reminder that when we come together, we can bring hope and healing to our community. We're grateful to be part of something that makes such a real difference in people's lives. We are stronger together.' Mr. Wallis, 75, spent two years in the jungles of Vietnam with the Marine Corps. He was awarded a $23,845 grant. His home suffered major roof damage from Ida in August 2021. 'We patched it up the best we could, but we didn't have the funds to replace it,' said Mr. Wallis, who has lived in the home for more than 45 years. He and his wife raised their six children there and have hosted scores of grandchildren in a home that serves as the epicenter of a large extended family. When they aren't enjoying their grandchildren, the semi-retired couple operate a snowball stand and volunteer in their church. Mrs. Wallis said the couple 'felt excited and blessed' to receive the grant. 'We couldn't have afforded this new roof without it,' she said. "Synergy Bank and Rebuilding Together are working additional HAVEN grant applications for local vets whose homes suffered hurricane damage," Mr. Shaffer said. Greg Hettrick, senior vice president and director of Community Investment at FHLB Dallas, said FHLB Dallas hopes to increase the fund's impact with this year's increased funding and wider eligibility. 'With our expansion of HAVEN access, we are reaching Vietnam and Korea veterans for the first time, and we hope to make a positive impact in providing them access to safe and affordable housing,' Mr. Hettrick said. 'We value Synergy Bank's support for HAVEN and its outreach to veterans in need in the communities they serve.' Learn more about the HAVEN program. About Synergy Bank Synergy is a locally owned community bank with 10 locations throughout the Bayou and Capital Regions of Louisiana. As of March 31, 2025, the company's total assets equaled $1.224 billion. Further information may be obtained from its website at 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 $109.9 billion as of March 31, 2025, is a member-owned cooperative that supports housing and community development by providing competitively priced loans and other credit products to approximately 800 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. For more information, visit
Associated Press
27-05-2025
- Business
- Associated Press
Media Advisory: Check Presentation to Celebrate Housing Assistance for Veterans
TEMPLE, Texas--(BUSINESS WIRE)--May 27, 2025-- Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and First Heroes National Bank (First National) will attend a ceremonial check presentation for a U.S. Army Veteran, at 11:00 a.m., Wednesday, May 28, 2025. First National and FHLB Dallas awarded Retired U.S. Army Specialist Terry McCune a $25,000 Housing Assistance for Veterans (HAVEN) grant toward downpayment costs for his first home in Temple, Texas. Mr. McCune served in the U.S. Army from 2015-2019 as a mechanic and was medically discharged in 2019. The media is encouraged to attend the check presentation and reception. Learn more about the HAVEN program at FHLB Dallas. Media may RSVP to [email protected]. View source version on CONTACT: Corporate Communications Federal Home Loan Bank of Dallas (214) 441-8445 KEYWORD: UNITED STATES NORTH AMERICA TEXAS INDUSTRY KEYWORD: PROFESSIONAL SERVICES DEFENSE RESIDENTIAL BUILDING & REAL ESTATE FINANCE CONSTRUCTION & PROPERTY BANKING VETERANS SOURCE: Federal Home Loan Bank of Dallas Copyright Business Wire 2025. PUB: 05/27/2025 06:45 AM/DISC: 05/27/2025 06:44 AM
