Federal Home Loan Bank of Dallas and Red River Bank Award $145K in Grants to Three Louisiana Nonprofits
Summary
We are proud to team up with FHLB Dallas, Red River Bank and key stakeholders to safeguard legacies and to make our community more resilient to future disasters through heirs property resolution work, said Laura Tuggle, executive director of SLLS. The United Way of Southeast Louisiana (UWSELA) funding will support financial literacy and wealth-planning workshops to equip participants with the knowledge, tools and resources needed to make informed homeownership, property management and generational wealth-building decisions. "Were grateful our partners have faith in United Ways approach and expert financial capability to create lasting change for Southeast Louisiana families through this generous grant." Unclear titles can mean heartbreak for families if they are unable to keep their home, said Jannease Seastrunk, senior vice president and Community Relations and CRA Officer at Red River Bank. FHLB Dallas, with total assets of $127.7 billion as of December 31, 2024, 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.