The Federal Home Loan Bank of Dallas and WestStar Bank Award $63K to Las Cruces, New Mexico, and El Paso, Texas, Nonprofits

FHLB Dallas’ Partnership Grant Program Provides 5:1 Match of Members’ Donations

EL PASO, Texas--(BUSINESS WIRE)--Five organizations from the Las Cruces, New Mexico-El Paso, Texas, area received a combined $63,000 from the Federal Home Loan Bank of Dallas’ (FHLB Dallas) Partnership Grant Program (PGP), part of more than $1.8 million awarded across FHLB Dallas’ five-state region. The West Texas and New Mexico awards were celebrated today in El Paso, Texas, as FHLB Dallas marked the program’s 30^th anniversary.

The grants were awarded in partnership with WestStar Bank, an FHLB Dallas member.

“The PGP is designed to multiply the impact of our members’ support, helping nonprofits achieve lasting results,” said Greg Hettrick, senior vice president and director of Community Investment at FHLB Dallas. “Together with our members, we’re building stronger communities and deepening our commitment to local partnerships.”

Under the program, FHLB Dallas member institutions contribute $500 to $5,000 to a nonprofit, and FHLB Dallas matches that contribution at a 5:1 ratio to provide up to $25,000 to the organization per member. See PGP for more information about the program and how funds may be used.

The following community-based organizations were supported in New Mexico and El Paso, Texas:

El Paso

Member: WestStar Bank
Organization: Habitat for Humanity El Paso
Total Grant: $30,000

Member: WestStar Bank
Organization: Improving Quality of Life
Total Grant: $6,000

Member: WestStar Bank
Organization: Pioneers 21
Total Grant: $6,000

Member: WestStar Bank
Organization: Tech Frontier dba Fab Lab El Paso
Total Grant: $6,000

Las Cruces, New Mexico

Member: WestStar Bank
Organization: United Way of Southwest New Mexico
Total Grant: $15,000

See fhlb.com to view a complete list of the 2026 PGP grant recipients. For more information about the 2026 PGP grants and other FHLB Dallas community investment products and programs, please visit fhlb.com/community programs.

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 $107.8 billion as of June 30, 2026, is a member-owned cooperative that supports housing and community development by providing competitively priced loans and other credit products to approximately 780 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. For more information, visit our website at fhlb.com.