BancorpSouth Bank and FHLB Dallas to Announce $5K Grant for Louisiana Nonprofit
ALEXANDRIA, La.--(BUSINESS WIRE)--Jan 23, 2019--BancorpSouth Bank (NYSE: BXS) and the Federal Home Loan Bank of Dallas (FHLB Dallas) will award $5,000 in Partnership Grant Program (PGP) funds to Re-Entry Solutions, which provides education, employment and housing resources to returning citizens affected by arrest or incarceration. The grant will be used to hire an executive director for the organization.
The media is encouraged to join local dignitaries and bank representatives at a check presentation at 11:15 a.m. Wednesday, January 30, 2019, at Re-Entry Solutions at 1617 Branch Street in Alexandria.
The structure of the PGP enables FHLB Dallas member institutions, like BancorpSouth Bank, to make a contribution of $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 .
View source version on businesswire.com:https://www.businesswire.com/news/home/20190123005772/en/
CONTACT: Corporate Communications
Federal Home Loan Bank of Dallas
KEYWORD: UNITED STATES NORTH AMERICA LOUISIANA
INDUSTRY KEYWORD: EDUCATION OTHER EDUCATION PHILANTHROPY PROFESSIONAL SERVICES BANKING OTHER PHILANTHROPY CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE
SOURCE: Federal Home Loan Bank of Dallas
Copyright Business Wire 2019.
PUB: 01/23/2019 03:22 PM/DISC: 01/23/2019 03:21 PM