Texas Banks awards $10,000 to Houston affordable housing nonprofit | Your money

HOUSTON–(BUSINESS WIRE)–Sept. 19, 2022–

Veritex Community Bank (Veritex) and the Federal Home Loan Bank of Dallas (FHLB Dallas) has awarded $10,000 in Partnership Grant Program (PGP) funding to Woman Inc., a Houston nonprofit that creates housing for women leaving abusive or vulnerable situations. high risk.

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Veritex Community Bank and FHLB Dallas awarded Woman Inc. $10,000 in funding through the Partnership Grant Program. (Photo: BusinessWire)

The funds were handed over at a check presentation ceremony today.

“We are grateful for this funding from Veritex and FHLB Dallas which will assist us in case management to help our clients improve their education and skill levels to overcome barriers to finding higher paying jobs,” said Michaelle Wormly, Executive Director of Woman Inc.

PGP grants help qualified nonprofit organizations fund a variety of essential operational and administrative activities to serve their communities.

“Woman Inc. is making a positive difference in the Houston community and is a vital resource for women in difficult circumstances,” said Courtney Taylor, senior vice president of community development for Veritex. “We are honored to be able to provide this funding through our partnership with FHLB Dallas.”

In 2022, FHLB Dallas awarded $400,000 in PGP grants, and its members provided an additional $158,985 for an impact of $558,985 in its five-state district of Arkansas, Louisiana, Mississippi, New -Mexico and Texas.

“We applaud Veritex’s commitment to enriching the Texas communities it serves,” said Greg Hettrick, senior vice president and director of community investment at FHLB Dallas. “Our partnership with Veritex and the nature of the PGP matching grant has allowed us to continue the important work that Woman Inc. is doing to help at-risk women.”

See the full list of 2022 PGP Grant recipients. For more information on the 2022 PGP Grants and other FHLB Dallas community investment products and programs, please visit fhlb.com/pgp.

About Veritex Bank

Veritex Community Bank is a medium-sized community bank that offers its customers a full range of banking products and services. The bank has convenient branches in Houston, Fort Worth and Dallas, Texas with total assets of over $10 billion. The Dallas-headquartered bank specializes in providing deposit and credit services to small and medium-sized businesses, which have been largely neglected by national banks. The name “Veritex” is derived from the Latin word “veritas”, meaning truth and “Texas”.

About Federal Home Loan Bank of Dallas

Federal Home Loan Bank of Dallas is one of 11 district banks in the FHLBank system established 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 in our five-state district of Arkansas, Louisiana, Mississippi, New Mexico and Texas. FHLB Dallas offers 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.

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CONTACT: Corporate Communications

Federal Home Loan Bank of Dallas

fhlb.com

(214) 441-8445

KEYWORD: TEXAS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES PHILANTHROPY PERSONAL FINANCE CONSUMER OTHERS EDUCATION RESIDENTIAL BUILDING & REAL ESTATE SOCIAL SERVICES CONSTRUCTION & REAL ESTATE EDUCATION OTHER CONSUMERS WOMEN OTHER PHILANTHROPY

SOURCE: Federal Home Loan Bank of Dallas

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PUBLISHED: 09/19/2022 19:21 / DISK: 09/19/2022 19:22

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