Allegiance Bank Received $382K in Special Disaster Recovery Grants from FHLB Dallas

Media Event: 10:00 a.m., Friday, March 9, 2018

HOUSTON--()--Allegiance Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) awarded $382,000 in disaster recovery grants to assist 32 Houston homeowners, seven businesses and three community groups with recovery efforts in response to damage caused by Hurricane Harvey in August 2017.

The banks will announce the funds at 10:00 a.m. Friday, March 9, at Deluxe Theatre at 3303 Lyons Avenue in Houston, Texas. The media is encouraged to attend. Interview opportunities with homeowners and business owners will be available.

In response to the devastation caused by Hurricane Harvey, FHLB Dallas made available more than $6.7 million through three grant programs: $4.25 million to help the employees of member institutions, like Allegiance Bank, with their recovery efforts. Those funds were later opened up to the general public and Allegiance assisted 21 homeowners. Another $2.25 million was made available to assist small businesses with their recovery efforts and $225,000 was made available to support community-based organizations (CBOs) involved in the recovery efforts.

For more information about FHLB Dallas community recovery programs, visit



Check presentation


10:00 a.m., Friday, March 9, 2018


Catherine Hardy, Field Representative, Office of Texas State Representative Sarah Davis, R-134

Marcus Vasquez, Vice President, Fair Banking Officer, Allegiance Bank

Rickey Jimenez, Vice President, CRA and Fair Lending Officer, Allegiance Bank

John Scroggins, Senior Vice President, Community Development Lender, Allegiance Bank

Linda Humphries, Vice President, Marketing Director, Allegiance Bank

Gary Henderson, Senior Vice President, SBA Manager, Allegiance Bank

Lorie Seay, Human Resources Manager, Allegiance Bank

Kathy Flanagan Payton, President & CEO, Fifth Ward Community Redevelopment Corporation

Craig Presley, Owner, The Nickle Sandwich Grill

Bill Pietre, Chairman, Houston Black Real Estate Association Community Development Corporation

Shawna Roy, Director, Buckner Family Hope Center at Aldine

Carmen Armistead, Head of School, St. Pius X High School

Steve Saunders, Executive Director, Cy-Hope Organization



Deluxe Theatre
3303 Lyons Avenue
Houston, Texas 77020


Federal Home Loan Bank of Dallas
Corporate Communications, 214-441-8445

Release Summary

FHLB Dallas awarded $382K in special disaster grant funds to Allegiance Bank to assist with recovery efforts as a result of Hurricane Harvey.


Federal Home Loan Bank of Dallas
Corporate Communications, 214-441-8445