TMCnet News
TBK Bank and FHLB Dallas to Announce $17K Grant for Texas NonprofitTBK Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) will award $17,000 in Partnership Grant Program (PGP (News - Alert)) funds to 2ndSaturday Community Development Corporation (2ndSaturday), which provides home repairs for low-income and special-needs seniors in west and south Dallas and job placement resources for men transitioning to society after incarceration. The grant will be used to offset operational costs associated with renovations to its headquarters and offices, as well as purchasing tools and equipment for its services. The media is encouraged to join local dignitaries and bank representatives at a check presentation at 10:00 a.m. Monday, August 26, 2019 at 2ndSaturday's offices at 2428 Pine Street in Dallas. The structure of the PGP enables FHLB Dallas member institutions, like TBK Bank, to contribute $500 to $4,000 to a community-based organization (CBO), which FHLB Dallas matches at a 3:1 ratio. For more information about the PGP, visit fhlb.com/pgp.
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