FHLB Dallas and Merchants and Planters Bank to Award $16K Grant to D.R.I.V.E.

Check Presentation, 1:00 p.m., Thursday, September 22

NEWPORT, Ark.--()--Newport-area media outlets are encouraged to join representatives from Merchants and Planters Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) for the presentation of a $16,000 grant to the Downtown Revitalization and Improvement Volunteer Effort (D.R.I.V.E.). The event will be held at 1:00 p.m., Thursday, September 22, 2016, at 320 Front Street, Newport, Arkansas, 72112. D.R.I.V.E. will use the Partnership Grant Program (PGP) award to cover contractual fees related to the development of a park in downtown Newport.

Photo and interview opportunities will be available.

The PGP provides grants up to $12,000 to community-based organizations (CBO). The funds may be used for research, organizational capacity-building, grant- and funding-application assistance, or contractual services. Through the PGP, FHLB Dallas matches a member’s contribution to a CBO of $500 up to $4,000 at a 3:1 ratio. The grants are offered annually via a lottery system, through FHLB Dallas members. In 2016, FHLB Dallas awarded $225,000 in PGP funds. Combined with the $96,200 contributed by FHLB Dallas’ members, a total of $321,200 was awarded to CBOs to help with their operational needs. For more information, visit fhlb.com.

WHAT:     Check Presentation
 
WHEN: 1:00 p.m., September 22, 2016
 
WHO: Mayor David Stewart, City of Newport

Jim Gowen, Jr., President and Chief Executive Officer, Merchants and Planters Bank

Jim Gowen, Sr., Chairman, Merchants and Planters Bank and Committee Member, D.R.I.V.E.

Pat Davis, Executive Vice President, Operations, Merchants and Planters Bank

Nate Watson, Senior Vice President, Trust Department, Merchants and Planters Bank

Thelma Welch, Lending Officer, Merchants and Planters Bank

Randy Ramsey, Lending Officer, Merchants and Planters Bank

Randy Cross, Lending Officer, Merchants and Planters Bank

Tara Salinas, Marketing and Business Development, Merchants and Planters Bank

Haley Chambliss, Marketing and Business Development, Merchants and Planters Bank

Terry Dillon, President, Insurance and Investments, Merchants and Planters Bank

R.M. Bledsoe, Committee Member, D.R.I.V.E.

Marvin Thaxton, Committee Member, D.R.I.V.E.
Henry Boyce, Committee Member, D.R.I.V.E.

Sandra Massey, Committee Member, D.R.I.V.E.

Larry Williams, Committee Member, D.R.I.V.E.

Deborah Hembrey, Clerk/Treasurer, Arkansas Municipal League
Julie Allen, Executive Director, Newport Area Chamber of Commerce
Jon Chadwell, Executive Director, Newport Economic Development Commission

Bruce Hatton, Vice President and Affordable Housing Program Manager, FHLB Dallas

 
WHERE: 320 Front Street
Newport, Arkansas 72112

Contacts

Federal Home Loan Bank of Dallas
Corporate Communications, 214-441-8445
www.fhlb.com

Contacts

Federal Home Loan Bank of Dallas
Corporate Communications, 214-441-8445
www.fhlb.com