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Stock impact report

Bank of the Pacific Partners with Federal Home Loan Bank to Support Local Food Banks and Affordable Housing Initiatives through Impact Grants

PACIFIC FINCL CORP (PFLC) 
Company Research Source: GlobeNewswire
ABERDEEN, Wash., Nov. 18, 2024 (GLOBE NEWSWIRE) -- Bank of the Pacific is proud to announce its continued commitment to our communities by partnering with the Federal Home Loan Bank of Des Moines (FHLB) to award eight non-profit associations in Washington state grants through the FHLB Member Impact Fund. This matching grant program includes $2,500 per entity from Bank of the Pacific and a $7,500 matching grant from the FHLB for a combined total of $10,000 each to selected local food banks and affordable housing agencies in our communities. This initiative aims to address the growing needs for food security and affordable housing as part of the Bank’s ongoing efforts to support underserved populations. Through the FHLB Impact Grant program, Bank of the Pacific has been able to contribute a combined $40,000 to Coastal Harvest, Thurston County Food Bank, Alternatives to Hunger, and Skagit Valley Neighbors in Need, ensuring that families in need can access essential food supplies duri Show less Read more
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