Funds to be Used for Financial Training Seminars
BATON ROUGE, La.–(BUSINESS WIRE)–Representatives from Hancock Whitney and the Federal Home Loan Bank of
Dallas (FHLB Dallas) awarded $16,000 in Partnership Grant Program (PGP)
funds to Scotlandville Community Development Corporation (SCDC). This is
the organization’s first PGP award, which will be used for
organizational capacity building, including educational and financial
SCDC is dedicated to revitalizing the Baton Rouge community through
affordable housing, education and economic and social development. The
funds will enable the organization to hold seminars to equip local
families and individuals with the knowledge they need to succeed.
FHLB Dallas’ PGP awards provide 3:1 matches of member contributions to
provide grants up to $12,000 that help promote and strengthen
relationships between community-based organizations and FHLB Dallas
members. The PGP also complements the development activities fostered by
FHLB Dallas’ Affordable Housing and Community Investment programs.
Hancock Whitney VP and Director of CRA and Community Affairs Sunada
Brookins said the PGP is a valuable resource for community-based
organizations to contribute positively to the local economy.
“Commitment to the community is at the heart of who we are as a
financial institution,” said Ms. Brookins. “Strengthening the Baton
Rouge community through the PGP reflects Hancock Whitney’s core values
and reinforces our community partnerships.”
In 2018, FHLB Dallas has awarded $300,000 in PGP funds through 31 member
institutions to assist 32 community-based organizations. Combined with
the $114,010 contributed by FHLB Dallas members, a total of $414,010 has
been awarded to the organizations.
“One of the unique facets of the PGP is that FHLB Dallas matches our
members’ contributions 3 to 1,” said Greg Hettrick, first vice president
and Community Investment director at FHLB Dallas. “Hancock Whitney can
leverage that funding to further impact the community.”
To learn more about the PGP, visit fhlb.com/pgp.
About Hancock Whitney
Since the late 1800s, Hancock Whitney has embodied core values of Honor
& Integrity, Strength & Stability, Commitment to Service, Teamwork, and
Personal Responsibility. Part of Hancock Whitney Corporation’s Gulf
South financial services family, bank offices and financial centers in
Mississippi, Alabama, Florida, Louisiana, and Texas offer comprehensive
financial products and services, including traditional and online
banking; commercial and small business banking; private banking; trust
and investment services; healthcare banking; certain insurance services;
and mortgage services. The company also operates a loan production
office in Nashville, Tennessee. BauerFinancial, Inc., the nation’s
leading independent bank rating and analysis firm, has recommended
Hancock Whitney as one of America’s most financially sound banks for 29
years in a row. More information is available at hancockwhitney.com.
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 fhlb.com
for more information.
Federal Home Loan Bank of Dallas