FHLBank Topeka awards economic development grants in Colo., Kan., Neb., Okla.

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FHLBank Topeka’s four-state district will soon be receiving an extra $1 million in grants. The $25,000 grants were awarded to 40 projects in Colorado, Kansas, Nebraska and Oklahoma, through FHLBank Topeka’s Joint Opportunities for Building Success (JOBS) Program.

FHLBank Topeka’s four-state district will soon be receiving an extra $1 million in grants

FHLBank’s JOBS program is an economic development initiative that assists member financial institutions to promote employment growth in their communities. Members partner with community businesses or nonprofits to sponsor projects such as revitalizing a public library in Girard, Kan., a Habitat for Humanity skills development program in Omaha, Neb., and a rural business development initiative in Oklahoma City, Okla. A full list of 2012 projects is available below.

FHLBank’s housing and community development programs are an important part of sustaining its mission, to make a difference by helping our members build their communities. The JOBS program is one way to support our member banks as they support their communities. JOBS projects help fund small business projects and loans, revitalization programs, entrepreneurship training, and increased employment opportunities. The list of recipients is below. See http://www.fhlbtopeka.com/community for more information about FHLBank Topeka’s commitment to housing and community development.

Colorado Projects and FHLBank Member

  •     Grand Junction Baseball Committee/Stadium Redevelopment Project in Grand Junction; Home Loan State Bank in Grand Junction
  •     Children’s Garden Early Learning Center, Inc. in Alamosa; San Luis Valley Federal Bank in Alamosa

Kansas Projects and FHLBank Member

  •     Kansas Dinner Train in Baldwin City; Mid America Bank in Baldwin City
  •     No. Central Kan. Community Network Co. City of Belleville – Fitness Center; Astra Bank in Belleville
  •     No. Central Kan. Community Network Co. City of Belleville – Marketing & Advertising; New Century Bank in Belleville
  •     No. Central Kan. Community Network Co. City of Beloit; Guaranty State Bank & Trust, Co. in Beloit
  •     No. Central Kan. Community Network Co. City of Cawker City; Farmers and Merchants State Bank in Cawker City
  •     Bucklin Public Library Foundation/Bucklin Public Library in Bucklin; Girard National Bank in Girard
  •     Hoisington Community Enhancement Fund in Hoisington; Community Bank of the Midwest in Great Bend
  •     Hartington Downtown/Highway Corridor Revitalization Project; Bank of Hartington in Hartington
  •     Innovative Business Resource Center in Independence; Community National Bank and Trust in Independence
  •     Rush County Nursing Home in La Crosse; Farmers Bank and Trust in La Crosse
  •     Wichita County Youth Engagement and Entrepreneurship Education in Leoti; Security State Bank in Leoti
  •     No. Central Kan. Community Network Co. City of Beattie; Citizens State Bank of Marysville in Marysville
  •     Electronic Medical Record Conversion Mercy Hospital, Inc. in Moundridge; Citizens State Bank in Moundridge
  •     Autumn Hills Home Plus Assisted Living in Riley; Riley State Bank in Riley
  •     No. Central Kan. Community Network Co. City of Sylvan Grove; Bennington State Bank in Salina
  •     No. Central Kan. Community Network Co. City of Solomon; Solomon State Bank in Solomon
  •     Developing Entrepreneurship in Food Science in Stafford; Farmers National Bank in Stafford
  •     Trail Stop Grocery Store in Tampa; Tampa State Bank in Tampa
  •     No. Central Kan. Community Network Co. City of Tescott; Bank of Tescott in Tescott
  •     E.C. Tyree Health & Dental Clinic, Inc./ Expanding Our Territory & Service in Wichita; Capitol Federal Savings in Topeka
  •     Sheltered Living Inc. in Topeka; CoreFirst Bank and Trust in Topeka

Nebraska Projects and FHLBank Member

  •     Youth Entrepreneurship and Career Development in Elgin; Bank of Elgin in Elgin
  •     Main Street Falls City; First National Bank and Trust in Falls City
  •     Dept 58 Retail Store in Fullerton; Fullerton National Bank in Fullerton
  •     Kassik Milling Co., Inc. in Milligan; Farmers and Merchants Bank in Milligan
  •     Grow Norfolk/Norfolk Area Chamber of Commerce Foundation; Midwest Bank, NA in Norfolk
  •     Habitat for Humanity of Omaha Restore 11; American National Bank in Omaha
  •     Habitat for Humanity of Omaha Skills Development Program; Mutual of Omaha in Omaha
  •     Sargent Area Business Rehab, Retention & Expansion; First National Bank in Ord
  •     Red Cloud Country Club in Red Cloud; Peoples Webster County Bank in Red Cloud
  •     St Edward Façade Improvement Program in St Edward; First Bank and Trust of Fullerton
  •     Entrepreneurship and Financial Fitness Create Jobs for the Future in Sterling; First Bank in Sterling
  •     Wausa Development Corporation; Housing Development Project in Wausa; Commercial State Bank in Wausa

Oklahoma Projects and FHLBank Member

  •     Bristow Abatement Project in Bristow; Community Bank in Bristow
  •     Chickasha Festival of Light, Inc. in Chickasha; Chickasha Bank and Trust Company
  •     Native American Business and Education Center in Durant; First United Bank and Trust in Durant
  •     Cross Timbers RC&D Rural Business Development & Community Capacity Building Initiative in Okemah; Frontier State Bank in Okemah
  •     Seminole State College Rural Business and Resource Center in Seminole; Security State Bank in Wewoka

FHLBank Topeka is one of 12 wholesale banks nationwide that provide liquidity and various programs that help community financial institutions meet the residential housing finance and economic development needs of their communities. FHLBank Topeka serves nearly 830 financial institution members in its district of Colorado, Kansas, Nebraska and Oklahoma.

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Julie DeVader
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