Hancock Whitney, FHLB Dallas Help Hispanic Communities During Pandemic
NEW ORLEANS — The COVID-19 pandemic has had a devastating impact on people and businesses around the globe, and the Gulf South region has been no exception. In response, Hancock Whitney partnered with the Federal Home Loan Bank of Dallas by contributing to FHLB’s Partnership Grant Program. The FHLB added $2 million to its Partnership Grant Program this year to support community-based organizations, allowing FHLB to provide 5:1 matching for contributions from participating partners, including Hancock Whitney.
“The Partnership Grant Program is designed to help with administrative expenses that often become a difficult hurdle for community-based organizations,” said Greg Hettrick, first vice president and director of community investment at FHLB Dallas. “We are pleased to join with Hancock Whitney to help cover these expenses so that more existing funds can be used for programs that directly benefit the community.”
Through the Partnership Grant Program, FHLB matched Hancock Whitney’s $59,000 contribution to fund 13 grants to community- based organizations, totaling $244,245. Two of those grant recipients, El Centro and the Hispanic Chamber of Commerce of Louisiana Foundation, are stepping in to support local Hispanic communities through the COVID-19 crisis.
“Hancock Whitney is proud to partner with the Federal Home Loan Bank of Dallas and community organizations across our footprint to ensure access to vital resources and financial opportunities,” said Vice President and Community Affairs & CRA Manager Ashley Aubrey Harrison. “Partnerships with groups like El Centro and the Hispanic Chamber of Commerce of Louisiana Foundation help create greater inroads into underserved and minority communities.”