Wako, Texas – (Business Wire) – Sept. 22, 2021-
Insurors Indemnity and the Dallas Federal Housing Bank (FHLB Dallas) have partnered with the McLean Community Investment Fund (McFF) to raise $ 8,000 in a Partnership Grants Program (PGP).
This press release has multimedia. Watch the full release here https://www.businesswire.com/news/home/20210922005989/en/
Left to right – Dave Talbert, President, Insurance Endowment Company; Bill Vance, president, chairman of the McLean Community Investment Fund and Tom Chase, chairman of the insurance endowment company. (Photo – Business Wire)
The money was raised on September 14 during a system check.
Dave Talbert, president and CEO of Insurance Endowment Company, said: “McFF offers small business loans and business training to small businesses in McLean County.
McFF uses the financial support from the Department of the Treasury Department as a Community Development Financial Institution (CDFI) certification to offset administrative and operational costs by building the organization’s capacity to build its capacity. The certification will enable McFF to participate in a number of market and small business management financing programs, including new market tax credit and the ability to lend direct loans and debts.
“This FHLB Dallas funding will strengthen our efforts to support and grow small businesses in McLennan County,” said McFennan President Bill Vance. Thank you very much for this financial support from FHLB Dallas and Insurance Enduring Company.
For 2021, FHLB Dallas provided $ 400,000 in PGP grants, and its members provided an additional $ 200,250 for results in more than $ 600,000 in five states in Arkansas, Louisiana, Mississippi, New Mexico, and Texas.
“We value our partnership with insurance failures, and we look forward to seeing the fruits of this partnership grow in McLean County,” said Greg Hattrick, FHLB’s first vice president and director of community investment. .
See complete list Receiving PGP Grants from 2021. For more information on 2021 PGP grants and other FHLB Dallas community investment products and programs, please visit fhlb.com/pgp.
About Insulators Destruction Company
Wako, Texas-based Insurance Index is a state-owned insurance company supported by more than 350 independent agents selling the company’s assets and risk and insurance products in Arkansas, Arizona, New Mexico, Nevada, Kansas, Louisiana, Oklahoma, Texas and Utah. Focus on common writing based on an insured approach to providing innovative and competitive value-added insurance products for fast and friendly services. Visit for more information insurorsindemnity.com
About Dallas Federal Mortgage Bank
Dallas Federal Mortgage Bank is one of 11 state banks in the 1932 congressional FHLBank system. FHLB Dallas is a member cooperative with $ 58.6 billion in assets, housing and community through June 30, 2021. Development by providing competitive loans and other loan products to approximately 800 members and affiliates in Arkansas, Louisiana, Mississippi, New Mexico and Texas. For more information visit our website at fhlb.com.
Check out the source version on businesswire.com: http://www.businesswire.com/news/home/20210922005989/en/
Relationships – Corporate Relationships
Dallas Federal Mortgage Bank
Keyword – Texas United States North America
Industry Keyword – Professional Service Philanthropy Growing Small Business Insurance Bank.
Source: Federal Home Dallas Bank
Copyright Trade Wire 2021.
PUB: 09/22/2021 04:50 PM / Disc – 09/22/2021 04:51 PM
Copyright Trade Wire 2021.