FHLB Funds Awarded to Missouri Non-Profits

Southern Bank announced that 22 non-profit organizations in Missouri communities will receive grants made possible through the Federal Home Loan Bank of Des Moines' (FHLB Des Moines) Member Impact Fund. This matching grant program is designed to amplify the community engagement of FHLB Des Moines member institutions, like Southern Bank, by supporting local housing and economic needs.

"We are very thankful for the opportunity to participate with the FHLB Des Moines' Member Impact Fund to help our communities," said Matt Funke, President and CEO of Southern Bank. "A key part of Southern Bank's vision to 'create opportunity through growth' is providing for the well-being of our communities, working to advance their economic, social, and educational prospects. Our team members value 'making a difference,' and we seek opportunities to support our community - this FHLB program helps us by generously multiplying the impact that we can make across Missouri."

The FHLB Des Moines received 956 applications for funding from 174 member institutions and it matched $3 for every $1 contributed by a member institution, resulting in $6.5 million in contributions from members and $19.4 million awarded by FHLB Des Moines to Missouri non-profits.

Southern Bank committed its funds, along with the matching funds available from FHLB Des Moines, to contribute to charities and non-profits in Missouri. A list of awardees is below:

• Gibson Center for Behavioral Change - Cape Girardeau
• Cape Area Habitat for Humanity - Cape Girardeau
• Boonslick Senior Center - Boonville
• Hill crest Platte County - Platte Woods
• Pro Deo Youth Center - Lee's Summit
• Synergy Services - Kansas City
• Grace and Purpose Recovery Home for Women - Chillicothe
• North Central Missouri Children's Advocacy Center - Trenton
• Boys and Girls Club of the Heartland - Poplar Bluff
• Missouri Delta Medical Center - Sikeston
• Food Bank, First Assembly of God Church - Van Buren
• Big Springs Sheltered Workshop - Van Buren
• Qulin Food Pantry - Qulin
• Boys & Girls Club of the Greater West Plains Area - West Plains
• Kenny Rogers Children's Center - Sikeston
• Independent Living Center of Southeast Missouri - Poplar Bluff
• Springfield Victory Mission - Springfield
• Crosslines Community Outreach - Springfield
• Senior Friendship Site - Forsyth
• Pivotal Point Transitional Housing - St. Joseph
• Lutheran Development Group - St. Louis
• Dutchtown Main Streets - St. Louis

Since its launch in 2023, the Member Impact Fund has provided more than $106 million in grants from FHLB Des Moines, generating over $144 million in combined support for affordable housing and community development. Notably, every eligible application submitted to the program has received funding, reflecting the FHLB Des Moines' strong commitment to partnership and impact.

About Southern Bank

Founded in 1887, Southern Bank has built a legacy of serving customers and communities. Today, with over $5 billion in assets, Southern Bank has more than 60 branches across four states. To learn more, please visit bankwithsouthern.com. Southern Bank is Member FDIC and an Equal Housing Lender.

About Federal Home Loan Bank of Des Moines

The FHLB Des Moines is deeply committed to strengthening communities, serving 13 states and three U.S Pacific territories as a member-owned cooperative. FHLB works together with over 1,200 member financial institutions to support affordable housing, economic development and community improvement.

FHLB Des Moines is one of 11 regional Banks that make up the Federal Home Loan Bank System. Members include community and commercial banks, credit unions, insurance companies, thrifts and community development financial institutions. FHLB Des Moines is wholly owned by its members and receives no taxpayer funding. For additional information about FHLB Des Moines, please visit fhlbdm.com.