federal home loan bank of dallas

FHLB Dallas is all about appearances. Don't be fooled by the benefits or "Best Place to Work." Middle managers are all "yes" people to their superiors.They will. Federal Home Loan Bank of Dallas operates as a member-owned cooperative bank. The firm engages in the provision of loan and other credit products including. Guaranty Bank & Trust, one of the most respected community banks in Texas, offers a full range of banking, mortgage, and wealth management solutions.

Federal home loan bank of dallas -

Orange Savings Bank and Federal Home Loan Bank of Dallas Announce Grand Opening of Putnam Place; Project Received $116K Affordable Housing Grant

ORANGE, Texas, Nov. 2, 2010 (GLOBE NEWSWIRE) -- Please join representatives of Orange Savings Bank, the Federal Home Loan Bank of Dallas (FHLB Dallas), and Roselawn Manor, Inc. today as they celebrate the grand opening of Putnam Place, an independent living facility for very low-income individuals who suffer from chronic mental illness. FHLB Dallas and Orange Savings Bank awarded the project a $116,404 Affordable Housing Program (AHP) grant in 2007 to assist with construction costs.

FHLB Dallas has awarded $18.5 million in AHP grants through member institutions, such as Orange Savings Bank, to help create, renovate, or purchase 2,632 housing units in 2010, including $5.5 million to assist with 912 housing units in Texas.

Orange Savings Bank and FHLB Dallas will conduct a check presentation during the event and there will be an opportunity for photos and interviews.

The Federal Home Loan Bank of Dallas logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3013

CONTACT: Federal Home Loan Bank of Dallas Corporate Communications (214) 441-8445 www.fhlb.com
Источник: https://www.nbcnews.com/id/wbna39965510
Not Guaranteed By The Bank Or Its Affiliates Not Insured By Any Federal Government Agency May Go Down In Value

Banking Products and Services provided by First Horizon Bank. Member FDIC. Equal Housing Lender. Equal Housing Lender   Member FDIC

Insurance Products and Annuities: May be purchased from any agent or company, and the customer’s choice will not affect current or future credit decisions.

First Horizon Advisors is the trade name for wealth management products and services provided by First Horizon Bank and its affiliates. Trust services provided by First Horizon Bank.

Investment management services, investments, annuities and financial planning available through First Horizon Advisors, Inc., member FINRA, SIPC, and a subsidiary of First Horizon Bank. Arkansas Insurance License # 416584.

Insurance products are provided by First Horizon Insurance Services, Inc. (“FHIS”), a Tennessee corporation, and a subsidiary of First Horizon Bank. The principal place of business of FHIS is 165 Madison Ave., Memphis, TN 38103. California Insurance License # OD12174. Arkansas Insurance License # 100110355.

First Horizon Advisors, Inc., FHIS, and their agents may transact insurance business or offer annuities only in states where they are licensed or where they are exempted or excluded from state insurance licensing requirements.

The contents of this website are for informational purposes only. Nothing on this website should be considered investment advice; or, a recommendation or offer to buy or sell a security or other financial product or to adopt any investment strategy.

First Horizon Advisors does not offer tax or legal advice. You should consult your personal tax and/or legal advisor concerning your individual situation.

 First Horizon Bank.

Источник: https://www.firsthorizon.com/

Justice News

DALLAS – An indictment returned by a federal grand jury in Dallas this week charges three former executives of the Federal Home Loan Bank of Dallas (“FHLB-Dallas”), Terence C. Smith, Nancy B. Parker, and Michael J. Sims, with various charges related to defrauding FHLB-Dallas by seeking reimbursement for personal travel and gifts, announced John Parker, U.S. Attorney for the Northern District of Texas.

The indictment charges Smith, 60, who was the President and Chief Executive Officer of the FHLB-Dallas from 2000 to September 2013; Parker, 64, who was the Chief Information Officer of the FHLB-Dallas from 1999 to November 2013; and Sims, 51, who was the Chief Financial Officer of the FHLB-Dallas from 2005 to May 2014, with one count of conspiring to make false statements to a Federal Home Loan Bank. Smith is also charged with eleven substantive counts of making false statements to the FHLB-Dallas related to travel, Parker is charged with six substantive counts of making false statements, and Sims is charged with three substantive counts of making false statements.

The indictment alleges that starting as early as January 2008 and continuing through November 2013, Smith, Parker, and Sims, submitted or caused to be submitted a series of fraudulent reimbursement requests for travel they identified as business-related but was in fact personal, which caused the bank to pay approximately $780,000. The defendants incurred these expenses in connection with first class airfare, limousine services, concerts, vineyard tours, luxury hotel rooms, lavish meals, and expensive liquor and wine during more than 30 trips they took to Las Vegas, Nevada, Amelia Island, Florida, Coronado, California, San Diego, California, and others locations. In each instance, the defendants falsely stated that purpose of their travel was attending various conferences, planning meetings, strategy meetings, and ops meetings, when in fact they did not attend any conference, or conduct any legitimate planning, strategy, or ops meetings. Despite taking numerous trips that served no legitimate business purpose, the indictment alleges that the defendants further defrauded FHLB-D by requesting payment of more than $450,000 for unused vacation time.

The indictment also charges Parker separately with conspiring to embezzle from FHLB-Dallas in connection with a scheme she executed to have the bank pay for Christmas gifts for Smith. Parker is also charged with three substantive counts of embezzlement related to the Christmas gifts.

The indictment alleges from at least December 2005 and continuing through December 2012, Parker conspired with a former contractor who later became an employee of FHLB-Dallas to submit an inflated contractor invoice, fictitious check requests, and a fictitious purchase order to the bank to acquire Christmas gifts for Smith using the bank’s funds. Parker’s actions caused FHLB-Dallas to pay more than $17,000 for the gifts, which included a wine sommelier computer and video/photography equipment.

FHLB-Dallas is a government sponsored enterprise and part of the Federal Home Loan Bank System. The Federal Home Loan Bank System was created to support mortgage lending and related community investment. The System is currently composed of 11 regional Federal Home Loan Banks and more than 7,300 member financial institutions. FHLB-Dallas is a cooperative association that consists of financial institutions from the five-state district of Arkansas, Louisiana, Mississippi, New Mexico, and Texas that have purchased stock in FHLB-Dallas. Member institutions have access to funding for housing finance, community lending, and asset-liability management. FHLB-Dallas helped its member institutions provide credit and financial services to families, farms, and businesses across its district.

An indictment is merely an allegation and defendants are presumed innocent unless and until proven guilty beyond a reasonable doubt in a court of law. However, if convicted, each count of making a false statement carries a maximum statutory penalty of 30 years in federal prison and a $1 million fine. Each count of conspiracy to make a false statement carries a maximum statutory penalty of five years in federal prison and a $250,000 fine. Restitution may also be ordered. The indictment also includes a forfeiture allegation that would require the defendants, upon conviction, to forfeit any property that constitutes or was derived from proceeds traceable to the offense.

The Federal Housing Finance Agency Office of Inspector General led the investigation. Assistant U.S. Attorneys Douglas Brasher and Errin Martin are in charge of the prosecution.

# # #

Источник: https://www.justice.gov/usao-ndtx/pr/former-ceo-cio-and-cfo-federal-home-loan-bank-dallas-indicted-making-false-statements

Chase.com home

“Chase,” “JPMorgan,” “JPMorgan Chase,” the JPMorgan Chase logo and the Octagon Symbol are trademarks of JPMorgan Chase Bank, N.A.  JPMorgan Chase Bank, N.A. is a wholly-owned subsidiary of JPMorgan Chase & Co.

Investing involves market risk, including possible loss of principal, and there is no guarantee that investment objectives will be achieved.

J.P. Morgan Wealth Management is a business of JPMorgan Chase & Co., which offers investment products and services through J.P. Morgan Securities LLC (JPMS), a registered broker-dealer and investment advisor, member FINRA and SIPC. Annuities are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida. Certain custody and other services are provided by JPMorgan Chase Bank, N.A. (JPMCB). JPMS, CIA and JPMCB are affiliated companies under the common control of JPMorgan Chase & Co. Products not available in all states.

"Chase Private Client" is the brand name for a banking and investment product and service offering, requiring a Chase Private Client Checking account.

Bank deposit accounts, such as checking and savings, may be subject to approval. Deposit products and related services are offered by JPMorgan Chase Bank, N.A. Member FDIC.

© 2021 JPMorgan Chase & Co.

Источник: https://www.chase.com/

We’re committed to your personal & financial wellness, as well as supporting our community during this time.Learn more

That's right - you can trade commission free with Ally Invest Self-Directed Trading.

Bye advisory fees. Hello free automated investing.

Thanks to our cash-enhanced option, we're offering investing free of advisory fees. Start investing with as little as $100.

Rates have reached near historic lows. You could get pre-approved for a home loan.

Set your goals, and blow them away.

Set your goals, and blow them away.

From building an emergency fund to saving for a down payment for a new home, we've got services to help you meet your goals.

Save for the future.

See how much you'll need to set aside each month to achieve your savings goals. 

20 Minutes to a Better Financial You.

Improving your financial life doesn't have to be complicated. 

Boost Your Emergency Fund.

Learn more about why you need an emergency fund, and figure out how to calculate what you should save. 

55% of Americans find a strong budgeting and saving strategy

to be the most appealing money management trait in a significant other.  

Learn more about saving as a family

Better than a local bank!

"As a baby boomer, I was hesitant to open an account with an “online bank”. What started as a checking account 3 years ago has expanded to CD's, even Ally's brokerage services. I receive better customer service from Ally than I do my local bank. Even better since I can do it from the comfort of my own home - Love it!” - Kirk C.

Read more Raise Your Rate CD reviews

Money Magazine Best Banks Award 2020

“Best Online Bank of 2020-2021”  
- MONEY® Magazine.  

Learn more

Meet the new driver of the Ally 48 – Alex Bowman.

image of alex bowman

meet the new driver of the ally 48 – alex bowman.

He’s a car guy, dog lover and NASCAR Cup Series rising star.

image of ally 48 race car
image of alex bowman
Источник: https://www.ally.com/

this bank makes a different kind of change.

For our clients and in our communities, we help make change for the better.

Our Community Impact

Bank at Half Past Now or Quarter ‘Til Whenever

Instantly check your balances, pay bills, transfer funds, send money to friends and family, even deposit checks from your phone with KeyBank online and mobile banking. It’s easy to use, secure and backed by our great customer service reps, 24/7.

Enroll Now

Take the Bank with You Wherever You Go

With the Call capital one auto loan mobile app, depositing checks is a snap. Just take two pictures to deposit your checks directly into your account. Enroll in KeyBank online and mobile banking and download our mobile app today.

  • Download KeyBank for the iPhone
  • Download KeyBank for Android™ - Google Play

Pickup the Check and Get Paid Back

Send money to friends and family securely and quickly with Zelle®. Whether you’re settling up IOUs or splitting a bill for takeout, Zelle makes it easy to send and receive money in minutes.

Learn More

Tips and How-To's

Saving & Budgeting

How to Avoid Fraud When Banking Online

Having the ability to pay for goods and services online without cash or checks makes it easier than ever to complete purchases and conduct bank business. But all that online convenience makes it easier for scammers and hackers to access bank funds online, too.

June 2021How to Avoid Fraud When Banking Online
Saving & Budgeting

Do "Revenge Spending" the Right Way

As the world reopens, consumers are ready to splurge on themselves. Use these tips to "revenge spend" wisely.

August 2021Do "Revenge Spending" the Right Way

The path to financial wellness starts here.

Call Us

1-800-KEY2YOU® (539-2968)

Clients using a TDD/TTY device:
1-800-539-8336

Clients using a relay service:
1-866-821-9126

Источник: https://www.key.com/personal/index.jsp
Not Guaranteed By The Bank Or Its Affiliates

For its 2019 fiscal year, FEDERAL HOME LOAN BANK OF DALLAS, listed the following executives on its annual proxy statement to the SEC

Equity

Cash Compensation

Other

federal home loan bank of dallas Fiscal Year Dr jose zuniga in 2019

The charts on this page feature a breakdown of the total annual pay for the top executives at FEDERAL HOME LOAN BANK OF DALLAS as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. FEDERAL HOME LOAN BANK OF DALLAS income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. FEDERAL HOME LOAN BANK OF DALLAS annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And TitleTotal CashEquityOtherTotal Compensation
Tom Lewis
EVP/Chief Financial Officer
Total Cash $568,900Equity $0Other $22,395Total Compensation $591,295
Sanjay Bhasin
President/CEO
Total Cash $1,504,230Equity $0Other $51,300Total Compensation $1,555,530
Jibo Pan
EVP/Head of Capital Federal home loan bank of dallas Cash $624,867
Equity $0Other $22,332Total Compensation $647,199
Kalyan Madhavan
EVP/Chief Business Officer
Total Cash $794,030Equity $0Other $30,063Total Compensation $824,093
Paul Joiner
EVP/Chief Strategy Officer
Total Cash $552,469Equity $0Other $55,191Total Compensation $607,660

For its 2019 fiscal year, FEDERAL HOME LOAN BANK OF DALLAS, listed the following CEO pay ratio data on its annual proxy statement to the SEC. federal home loan bank of dallas

CEO NameCEO PayMedian Employee PayCEO Pay Ratio
Sanjay Federal home loan bank of dallas Pay$1,834,530Median Employee Pay$161,076CEO Pay Ratio11:1

Browse Board of Directors By First Name

Browse Executives by First Name

Browse Companies by Company Name

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

Use of Data / Disclaimer

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

What is a proxy statement?

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal federal home loan bank of dallas. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.

Источник: https://www1.salary.com/FEDERAL-HOME-LOAN-BANK-OF-DALLAS-Executive-Salaries.html

We’re committed to your personal & financial wellness, as well as supporting our community during this time.Learn more

That's right - you can trade commission free with Ally Invest Self-Directed Trading.

Bye advisory fees. Hello free automated investing.

Thanks to our cash-enhanced option, we're offering investing free of advisory fees. Start investing with as little as $100.

Rates have reached near historic lows. You could get pre-approved for a home loan.

Set your goals, and blow them away.

Set your goals, and blow them away.

From building an emergency fund to saving for a down payment for a new home, we've got services to help you meet your goals.

Save for the future.

See how much you'll need to set aside each month to achieve your savings goals. 

20 Minutes to a Better Financial You.

Improving your financial life doesn't have to be complicated. 

Boost Your Emergency Fund.

Learn more about why you need an emergency fund, and figure out how to calculate what you should save. 

55% of Americans find a strong budgeting and saving strategy

to be the most appealing money management trait in a significant other.  

Learn more about saving as a family

Better than a local bank!

"As a baby boomer, I was hesitant to open an account with an “online bank”. What started as a checking account 3 years ago has expanded to CD's, even Ally's brokerage services. I receive better customer service from Ally than I do my local bank. Even better since I can do it from the comfort of my own home - Love it!” - Kirk C.

Read more Raise Your Rate CD reviews

federal home loan bank of dallas Magazine Best Banks Award 2020">

“Best Online Bank of 2020-2021”  
- MONEY® Magazine.  

Learn more

Meet the new driver of the Ally 48 – Alex Bowman.

image of alex bowman

meet the new driver of the ally 48 – alex bowman.

He’s a car guy, dog lover and NASCAR Cup Series rising star.

image of ally 48 race car
image of alex bowman
Источник: https://www.ally.com/

Everything you expect from a bank. And yet, fundamentally different.

  • Mobile banking app with over 100,000 5-star ratings

  • No minimum balance and easy-to-waive low fees1

  • Zero liability fraud protection2

Compare Federal home loan bank of dallas Accounts
  • Strongest environmental policies of any major US bank3

  • Led by a CEO who is among just 6% of female bank CEOs

  • Stability that comes with being part of BNP Paribas, the ninth largest bank on the planet

See Why We Are Different
Источник: https://www.bankofthewest.com/
Not Insured By Federal home loan bank of dallas Federal Government Agency

Federal home loan bank of dallas -

For its 2019 fiscal year, FEDERAL HOME LOAN BANK OF DALLAS, listed the following executives on its annual proxy statement to the SEC

Equity

Cash Compensation

Other

Fiscal Year Ended in 2019

The charts on this page feature a breakdown of the total annual pay for the top executives at FEDERAL HOME LOAN BANK OF DALLAS as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. FEDERAL HOME LOAN BANK OF DALLAS income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. FEDERAL HOME LOAN BANK OF DALLAS annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And TitleTotal CashEquityOtherTotal Compensation
Tom Lewis
EVP/Chief Financial Officer
Total Cash $568,900Equity $0Other $22,395Total Compensation $591,295
Sanjay Bhasin
President/CEO
Total Cash $1,504,230Equity $0Other $51,300Total Compensation $1,555,530
Jibo Pan
EVP/Head of Capital Markets
Total Cash $624,867Equity $0Other $22,332Total Compensation $647,199
Kalyan Madhavan
EVP/Chief Business Officer
Total Cash $794,030Equity $0Other $30,063Total Compensation $824,093
Paul Joiner
EVP/Chief Strategy Officer
Total Cash $552,469Equity $0Other $55,191Total Compensation $607,660

For its 2019 fiscal year, FEDERAL HOME LOAN BANK OF DALLAS, listed the following CEO pay ratio data on its annual proxy statement to the SEC.

CEO NameCEO PayMedian Employee PayCEO Pay Ratio
Sanjay BhasinCEO Pay$1,834,530Median Employee Pay$161,076CEO Pay Ratio11:1

Browse Board of Directors By First Name

Browse Executives by First Name

Browse Companies by Company Name

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

Use of Data / Disclaimer

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

What is a proxy statement?

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.

Источник: https://www1.salary.com/FEDERAL-HOME-LOAN-BANK-OF-DALLAS-Executive-Salaries.html

DALLAS--(BUSINESS WIRE)--Jan 17, 2019--The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce the recent appointment of Louisiana community leader Keith Cunningham to the Bank’s 2019 Affordable Housing Advisory Council (Council). Angela Curry, Michelle Whetten and Felipe Rael were reappointed to the Council.

“It is an honor to serve on the Advisory Council,” said Mr. Cunningham, executive director for the Louisiana Housing Corporation. “The Federal Home Loan Bank of Dallas is one of our key partners and has been a driving force for affordable housing development in Louisiana. Serving on the Advisory Council represents an opportunity to engage and leverage affordable housing resources that will expand homeownership production in Louisiana and throughout the southern U.S. region.”

All appointments began January 1. Mr. Cunningham, Ms. Curry, Ms. Whetten and Mr. Rael will serve three-year terms that will expire on December 31, 2021.

The Council is comprised of 13 representatives from state, community and nonprofit organizations who advise FHLB Dallas’ Board of Directors (Board) on affordable housing and economic development issues. Council members are appointed by the FHLB Dallas Board.

Newly Appointed Member:

Reappointed Members:

The remaining members of the Advisory Council are:

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 $73.7 billion as of September 30, 2018, is a member-owned cooperative that supports housing and community development by providing competitively priced advances and other credit products to approximately 825 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. Visit for more information.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190117005831/en/

CONTACT: Corporate Communications

Federal Home Loan Bank of Dallas

fhlb.com

(214) 441-8445

KEYWORD: UNITED STATES NORTH AMERICA LOUISIANA TEXAS

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE

SOURCE: Federal Home Loan Bank of Dallas

Copyright Business Wire 2019.

PUB: 01/17/2019 05:49 PM/DISC: 01/17/2019 05:49 PM

http://www.businesswire.com/news/home/20190117005831/en

Источник: https://apnews.com/adecb0f23b9e433a889e8bbc615dab22

SHREVEPORT, La.--(BUSINESS WIRE)--Nov 22, 2021--

Eleanor Bell, 59, retired earlier than anticipated after a stroke in 2014 impacted her ability to continue her marketing career with a local behavioral health hospital.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211122006593/en/

A Louisiana homeowner received a new roof with the help of a SNAP subsidy provided by Origin Bank and FHLB Dallas. (Photo: Business Wire)

Ms. Bell said she worried that she would no longer qualify to renew her homeowner’s insurance because her aging roof had so badly deteriorated. Replacing it herself on her fixed income wasn’t possible, she said.

“It wasn’t leaking, but it was in bad shape,” she said. “I’ve lived here since 1997, and it’s never been replaced during that time.”

Ms. Bell said she loves her house and the neighborhood’s amenities that include a nearby grocery store. She raised her five children in the home and one daughter, a registered nurse, currently lives there with her.

A friend told Ms. Bell about the Special Needs Assistance Program (SNAP), and Ms. Bell decided to apply. She was approved for a $6,000 subsidy that funded the replacement of her roof and the addition of a handicapped accessible toilet.

Through member institutions such as Origin Bank, SNAP provides subsidies for the repair and rehabilitation of owner-occupied housing of eligible, special-needs individuals. The maximum SNAP award per household is $6,000 unless the member or another lender contributes $350 toward the rehabilitation costs and/or inspection fees. Then the maximum award per household is $7,000.

“It really was a blessing because it allowed me to keep my homeowners insurance, for one, and of course, the new roof made the house look so good,” she said. “My house looks better than any other house on the street. I’m so proud of it. The SNAP funding was a great help to me.”

Sheila Grayson, vice president, CRA and community development officer at Origin Bank, said SNAP is a great example of two banks coming together to help homeowners in need.

“We are thankful for the opportunity to participate in SNAP with FHLB Dallas and to be able to help Ms. Bell make important repairs that we hope will allow her to live in her home for many years to come,” Ms. Grayson said.

FHLB Dallas set aside $2.5 million of its 2021 Affordable Housing Program funds for SNAP, and all SNAP funds were allocated in January for the highly sought-after program. Last year, FHLB Dallas awarded $2.5 million in SNAP subsidies that assisted 421 families. Between 2009 and 2020, nearly $20.5 million in funding has been awarded across FHLB Dallas’ five-state District.

“Origin Bank is making a positive difference in the lives of special-needs homeowners around its service area through SNAP funding,” said Greg Hettrick, first vice president and director of Community Investment at FHLB Dallas. “We are pleased to join them in financing these home renovations. They’ve been a great partner.”

To learn more about SNAP, visit fhlb.com/snap.

About Origin Bancorp, Inc.

Origin is a financial holding company headquartered in Ruston, Louisiana. Origin's wholly owned bank subsidiary, Origin Bank, was founded in 1912. Deeply rooted in Origin's history is a culture committed to providing personalized, relationship banking to its clients and communities. Origin provides a broad range of financial services to businesses, municipalities, high net-worth individuals and retail clients. Origin currently operates 44 banking centers located from Dallas/Fort Worth and Houston, Texas across North Louisiana and into Mississippi. For more information, visit www.origin.bank.

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 $60.2 billion as of September 30, 2021, 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 our website at fhlb.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20211122006593/en/

CONTACT: Corporate Communications

Federal Home Loan Bank of Dallas

fhlb.com

(214) 441-8445

KEYWORD: LOUISIANA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES PHILANTHROPY OTHER CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY FUND RAISING FOUNDATION OTHER PROFESSIONAL SERVICES FINANCE OTHER PHILANTHROPY CONSULTING

SOURCE: Federal Home Loan Bank of Dallas

Copyright Business Wire 2021.

PUB: 11/22/2021 03:10 PM/DISC: 11/22/2021 03:10 PM

http://www.businesswire.com/news/home/20211122006593/en

Copyright Business Wire 2021.

Источник: https://www.bakersfield.com/content/tncms/live/
Not FDIC Insured

We’re committed to your personal & financial wellness, as well as supporting our community during this time.Learn more

That's right - you can trade commission free with Ally Invest Self-Directed Trading.

Bye advisory fees. Hello free automated investing.

Thanks to our cash-enhanced option, we're offering investing free of advisory fees. Start investing with as little as $100.

Rates have reached near historic lows. You could get pre-approved for a home loan.

Set your goals, and blow them away.

Set your goals, and blow them away.

From building an emergency fund to saving for a down payment for a new home, we've got services to help you meet your goals.

Save for the future.

See how much you'll need to set aside each month to achieve your savings goals. 

20 Minutes to a Better Financial You.

Improving your financial life doesn't have to be complicated. 

Boost Your Emergency Fund.

Learn more about why you need an emergency fund, and figure out how to calculate what you should save. 

55% of Americans find a strong budgeting and saving strategy

to be the most appealing money management trait in a significant other.  

Learn more about saving as a family

Better than a local bank!

"As a baby boomer, I was hesitant to open an account with an “online bank”. What started as a checking account 3 years ago has expanded to CD's, even Ally's brokerage services. I receive better customer service from Ally than I do my local bank. Even better since I can do it from the comfort of my own home - Love it!” - Kirk C.

Read more Raise Your Rate CD reviews

Money Magazine Best Banks Award 2020

“Best Online Bank of 2020-2021”  
- MONEY® Magazine.  

Learn more

Meet the new driver of the Ally 48 – Alex Bowman.

image of alex bowman

meet the new driver of the ally 48 – alex bowman.

He’s a car guy, dog lover and NASCAR Cup Series rising star.

image of ally 48 race car
image of alex bowman
Источник: https://www.ally.com/
May Go Down In Value

Banking Products and Services provided by First Horizon Bank. Member FDIC. Equal Housing Lender. Equal Housing Lender   Member FDIC

Insurance Products and Annuities: May be purchased from any agent or company, and the customer’s choice will not affect current or future credit decisions.

First Horizon Advisors is the trade name for wealth management products and services provided by First Horizon Bank and its affiliates. Trust services provided by First Horizon Bank.

Investment management services, investments, annuities and financial planning available through First Horizon Advisors, Inc., member FINRA, SIPC, and a subsidiary of First Horizon Bank. Arkansas Insurance License # 416584.

Insurance products are provided by First Horizon Insurance Services, Inc. (“FHIS”), a Tennessee corporation, and a subsidiary of First Horizon Bank. The principal place of business of FHIS is 165 Madison Ave., Memphis, TN 38103. California Insurance License # OD12174. Arkansas Insurance License # 100110355.

First Horizon Advisors, Inc., FHIS, and their agents may transact insurance business or offer annuities only in states where they are licensed or where they are exempted or excluded from state insurance licensing requirements.

The contents of this website are for informational purposes only. Nothing on this website should be considered investment advice; or, a recommendation or offer to buy or sell a security or other financial product or to adopt any investment strategy.

First Horizon Advisors does not offer tax or legal advice. You should consult your personal tax and/or legal advisor concerning your individual situation.

 First Horizon Bank.