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Federal Home Loan Bank of San Francisco

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Frost Bank Recognized for $8.8 Million to Affordable Housing

“Frost Bank is committed to making a positive impact on the community through revitalization and partnerships with those who share in our mission,” said Donna Normandin, senior vice president and CRA officer at Frost Bank. “Giving back is important to us. It’s part of who we are as a company.”

In conjunction with the award, FHLB Dallas contributed $7,500 to a community-based organization of Frost Bank’s choice. After working with Houston-based nonprofit, Change Happens, for the last eight years, Frost Bank selected the organization to receive the funds because of its Hurricane Harvey relief efforts in the community.

Established in 1989, Change Happens is a 501(c)(3) that provides outreach services to Harris County. Since the inception of the partnership with Change Happens, Frost Bank has donated almost $80,000 and many volunteer hours in support of the nonprofit’s mission.

Banks Partner to Provide Louisiana Nonprofit $8K in Grant Funds

This is the third grant NOVA has received from FHLB Dallas, bringing their total grant awards to $36,000.

“As a nonprofit, the greatest challenge we face is typically funding,” said NOVA Executive Director Paul West. “What this grant does is it has continued to allow people the opportunity to move into self-sufficiency through living wage jobs.”

Origin Bank Senior Vice President and Northeast Market Leader Billy Haddad said communities and financial institutions have a lot to gain from the PGP.

“The Partnership Grant Program helps promote economic growth and strengthens our relationships with the community,” said Mr. Haddad. “We’re proud to make a positive impact on the community through the PGP.”

Through the PGP, FHLB Dallas matches a member’s contribution to a community-based organization (CBO) of $500 up to $4,000 at a 3:1 ratio for a maximum $12,000 contribution. Awarded annually via a lottery system through FHLB Dallas members, PGP grants may be used for research, organizational capacity-building, grant- and funding-application assistance or contractual services.

Where do I find what the current 5 year Federal Home Loan Bank yeild?

What is the current five (5) year non-callable agency bond yield on a direct obligation non-callable bond issued by the Federal Home Loan Bank?


Go to their website www.fhlb.