***2:15 p.m. Tuesday, October 11, 504 W. Frank Ave., Lufkin, TX 75904***
LUFKIN, Texas, October 07, 2022--(BUSINESS WIRE)--Austin Bank, Texas N.A. and the Federal Home Loan Bank of Dallas (FHLB Dallas) will award $8,000 in Partnership Grant Program (PGP) funds to Legacy Institute for Financial Education (LIFE), which teaches financial literacy to create economic stability and generational wealth. The funds will be awarded during a ceremonial check presentation on Tuesday, October 11 at the LIFE office. The media is encouraged to attend.
LIFE plans to use the grant proceeds for its Financial Opportunity Center and Next Chapter program to address the needs of residents who have no transportation or have difficulty paying high gas prices because of unemployment or underemployment. It also plans to use proceeds to support the sustainability of its LIFE Skills employment training programs.
FHLB Dallas provides a 3:1 match of up to $12,000 of member contributions to promote and strengthen relationships between community-based organizations and FHLB Dallas members.
Check presentation for Legacy Institute for Financial Education
2:15 p.m., Tuesday, October 11, 2022
Debbie Braune, Senior Vice President, Risk Management, CRA Officer, Austin Bank, Texas N.A.
Joseph J. Ceasar, Founder and Executive Director, Legacy Institute for Financial Education
Melanie Dill, Community and Economic Development Product Manager, FHLB Dallas
Legacy Institute for Financial Education, 504 W. Frank Ave., Lufkin, TX 75904
View source version on businesswire.com: https://www.businesswire.com/news/home/20221007005552/en/
Federal Home Loan Bank of Dallas
fhlb.com, (214) 441-8445