FHLBank Topeka Awards Economic Development Grants

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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 received $1 million in grants. The $25,000 grants were awarded to 40 projects in Colorado, Kansas, Nebraska and Oklahoma, through FHLBank Topeka.

FHLBank Topeka’s four-state district received 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’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 a Main Street Entertainment and Farmers Market Pavilion in Chanute, Kan., a Habitat for Humanity skills development program in Omaha, Neb., and a small business development center in Durango, Colo.

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. See http://www.fhlbtopeka.com/community for a complete list of this year’s projects.

Colorado Projects and FHLBank Member
•Small Business Development Center (SBDC) Small Business Accelerator Project; First National Bank of Durango in Durango

Kansas Projects and FHLBank Member
*NCKCN City of Belleville Wholesale Ag Business; Astra Bank in Belleville
*NCKCN City of Cawker City; Farmers & Merchants State Bank in Cawker City
*NCKCN City of Lucas; The Bennington State Bank in Salina
*NCKCN City of Lincoln Down Payment Assistance; Citizens State Bank & Trust Co. in Ellsworth
*Allen Community College Entrepreneurship Program; Citizens Bank, NA in Iola
*Norton Historic Office Space; First State Bank (Holbrook Branch) in Norton
*Chapman Food Mart, LLC; First National Bank and Trust Co. in Junction City
*Technology MEANS JOBS for the Future; First Bank in Sterling
*NCKCN City of Glen Elder; First National Bank & Trust in Phillipsburg
*Council Grove Aquatic Center; Farmers and Drovers Bank in Council Grove
*Moore's Venture Foods; IMPACT Bank - Caldwell in Caldwell
*NCKCN City of Marysville; Citizens State Bank of Marysville in Marysville
*NCKCN City of Beloit; Guaranty State Bank & Trust Co. in Beloit
*NCKCN City of Lincoln; Bank of Tescott in Lincoln
*Main Street Entertainment & Farmers Market Pavilion; Community National Bank and Trust in Chanute
*NCKCN City of Salina; First Bank Kansas in Salina
*NCKCN City of Concordia; People Exchange Bank in Clyde
*NCKCN City of Bellville (Retail store); Central National Bank in Junction City
*Tampa Café; Tampa State Bank in Marion

Nebraska Projects and FHLBank Member
*Stones Thoreau- Farm to Market Phase II; Cornerstone Bank (Davenport Branch) in York
*Oshkosh Family Aquatic Center; Lisco State Bank in Lisco
*Creativity Unlimited Arts Council (CUAC); NebraskaLand National Bank in North Platte
*USA Hay company, LLC; Fullerton National Bank in Fullerton
*The Willa Cather Foundation/National Willa Cather Center; Peoples Webster County Bank in Red Cloud
*Habitat for Humanity of Omaha- Skills Development & Volunteer Program; American National Bank in Omaha
*Holdrege Area Chamber of Commerce - Downtown Revitalization Phase II; First National Bank of Holdrege in Holdrege
*Scribner Improvement and Industrial Corp./ Business Rehab, Retention, Transition and Expansion; Scribner Bank in Scribner
*Classroom to Commerce Initiative; Thayer County Bank in Hebron

Oklahoma Projects and FHLBank Member
*Cross Timbers RC&D - Okemah Rural Business Growth Alliance; Frontier State Bank in Oklahoma City
*Oklahoma MBDA Business Center- Native American & Alaska Native Program; First United Bank & Trust in Durant
*Connors State College; Armstrong Bank in Muskogee
*City of Stilwell; Bank of Commerce in Stilwell
*Choctaw County Business Development Project; Security First National Bank in Hugo
*Muscogee Nation Business Enterprise; Citizens Security Bank in Okmulgee
*Okmulgee Area Development Corporation & City of Okmulgee; First National Bank of Okmulgee in Okmulgee
*Seminole State College Rural Business and Resource Center; Security State Bank in Wewoka
*Muscogee (Creek) Nation, MCN Loan Fund; BancFirst - (Okemah Branch) in Oklahoma City
*Major County Economic Development Corporation; Farmers and Merchants National Bank in Fairview
*Wheatland RC&D Project Assist; Bank of Kremlin in Kremlin

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 more than 810 financial institution members in its district of Colorado, Kansas, Nebraska and Oklahoma.

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Julie DeVader
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