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Arvest Bank and the Federal Home Loan Bank of Dallas Celebrate $15K Donation to Assist Affordable Housing Nonprofit

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Arvest Bank and the Federal Home Loan Bank of Dallas Celebrate $15K Donation to Assist Affordable Housing Nonprofit
News

News

Arvest Bank and the Federal Home Loan Bank of Dallas Celebrate $15K Donation to Assist Affordable Housing Nonprofit

2024-06-27 07:18 Last Updated At:07:21

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Jun 26, 2024--

The University District Development Corp. (UDDC) received a $15,000 donation from Arvest Bank today during a ceremonial check presentation of CARE Award funds that were awarded through the Federal Home Loan Bank of Dallas (FHLB Dallas).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240626206314/en/

FHLB Dallas recognized Arvest Bank earlier this year as a Community Area Revitalization Efforts (CARE) Award recipient for its use of FHLB Dallas community investment programs. The recognition included $15,000 to be donated to the recipient’s nonprofit of choice.

“We are honored to receive this award from Arvest Bank and FHLB Dallas and consider it positive recognition for the work we’re doing in University District neighborhoods to increase the supply of affordable housing,” said Barrett Allen, executive director of UDDC.

Arvest was honored for its use of several FHLB Dallas programs, including the Special Needs Assistance Program, which provides grants for the repair and rehabilitation for homeowners who are elderly, disabled or have other special needs; and the Affordable Housing Program, which provides funds for single-family and multifamily housing.

“We’ve supported UDDC for many years and are thrilled to be able to donate our CARE Award to them for the impactful work they are doing to provide affordable housing in the University District neighborhoods,” said Arvest Group CRA Director Virgil Miller.

Experience the full story behind Arvest’s CARE Award in this video.

“Arvest Bank doesn’t just tap into one or two FHLB Dallas community programs,” said Greg Hettrick, senior vice president and director of Community Investment at FHLB Dallas. “It uses most of our community programs and as a result has a positive impact on many lives.”

About Arvest Bank

With more than $26 billion in assets, Arvest Bank is a community-based financial institution serving more than 110 communities in Arkansas, Kansas, Missouri and Oklahoma. Established in 1961, Arvest Bank is committed to meeting the needs of its more than 830,000 retail and business customer households by continually investing in the digital tools and services customers expect. Its extensive network of more than 200 banking locations provides loans, deposits, treasury management, credit cards, mortgage loans and mortgage servicing as a part of its growing list of digital services. Arvest is known for its commitment to the communities it serves and to attracting, hiring and retaining a diverse group of talented people. Arvest is an Equal Housing Lender and Member FDIC. To learn more please visit www.arvest.com.

About the Federal Home Loan Bank of Dallas

The Federal Home Loan Bank of Dallas is one of 11 district banks in the FHLBank System created by Congress in 1932. FHLB Dallas, with total assets of $125.1 billion as of March 31, 2024, is a member-owned cooperative that supports housing and community development by providing competitively priced loans and other credit products to approximately 800 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. For more information, visit our website at fhlb.com.

The University District Development Corp. (UDDC) received a $15,000 donation from Arvest Bank today during a ceremonial check presentation of CARE Award funds that were awarded through the Federal Home Loan Bank of Dallas (FHLB Dallas). The event was celebrated at a home that UDDC recently renovated in Little Rock, Arkansas. (Photo: Business Wire)

The University District Development Corp. (UDDC) received a $15,000 donation from Arvest Bank today during a ceremonial check presentation of CARE Award funds that were awarded through the Federal Home Loan Bank of Dallas (FHLB Dallas). The event was celebrated at a home that UDDC recently renovated in Little Rock, Arkansas. (Photo: Business Wire)

WIMBLEDON, England (AP) — Novak Djokovic says his right knee has responded well after surgery to repair a torn meniscus less than a month ago and he considers himself ready to contend at Wimbledon, where he has won seven of his 24 Grand Slam trophies.

Speaking at a pre-tournament news conference Saturday, Djokovic said that while he was “very much in doubt of making” it to the All England Club after getting hurt at the French Open on June 3, he is far more optimistic after a week of practices at the site of the grass-court major that begins Monday.

His first-round match against qualifier Vit Kopriva is scheduled for Tuesday.

“I didn’t come here to play a few rounds and prove to myself and others that I can actually compete in one or two matches. I really want to go for the title,” said Djokovic, who is seeded No. 2 behind Jannik Sinner and was the runner-up to Carlos Alcaraz a year ago at Wimbledon. “The last three days have given me enough optimism and good signs that I can actually be in a state to compete on the highest level for the next few weeks, hopefully.”

The 37-year-old from Serbia was hurt during a five-set victory over Francisco Cerundulo in the fourth round at Roland Garros, withdrew before he was supposed to play in the quarterfinals and underwent an operation in Paris on June 5.

After wearing a gray sleeve on his right leg while playing practice sets at the All England Club with players including Australian Open champion Sinner, 2021 U.S. Open winner Daniil Medvedev and Frances Tiafoe, Djokovic said there haven't been any setbacks and he is “confident about the health of my knee.”

Djokovic said he had “extensive conversations” with other athletes who have recovered from similar knee procedures, among them tennis players Taylor Fritz and Stan Wawrinka, and retired Olympic champion ski racer Lindsey Vonn.

In 2021, Fritz injured his knee at the French Open and returned to competition at Wimbledon three weeks later.

Alcaraz said he considered Djokovic superhuman for being able to come back so quickly.

When that comment was relayed to Djokovic, he grinned.

“Well, not really. I think Taylor Fritz is a superhuman. He recovered in 21 days; I (had) a bit more (time)," Djokovic said.

“It’s not ideal, maybe, in the eyes of the doctors and specialists that would normally tell you it’s normally between three and six weeks. The closer to six weeks the better, probably, because you want to not risk too much and give your knee and your body time," he said. "But it’s also individual. It’s very subjective. Everyone has a different response to the recovery, to the injury, to rehab, to exercises.”

AP tennis: https://apnews.com/hub/tennis

Novak Djokovic of Serbia plays a return during a training session on Court 2 at the All England Lawn Tennis and Croquet Club in Wimbledon, London, Friday, June 28, 2024. The Wimbledon Championships begin on July 1. (AP Photo/Kirsty Wigglesworth)

Novak Djokovic of Serbia plays a return during a training session on Court 2 at the All England Lawn Tennis and Croquet Club in Wimbledon, London, Friday, June 28, 2024. The Wimbledon Championships begin on July 1. (AP Photo/Kirsty Wigglesworth)

Novak Djokovic of Serbia sits in his chair during a training session on Court 2 at the All England Lawn Tennis and Croquet Club in Wimbledon, London, Friday, June 28, 2024. The Wimbledon Championships begin on July 1. (AP Photo/Kirsty Wigglesworth)

Novak Djokovic of Serbia sits in his chair during a training session on Court 2 at the All England Lawn Tennis and Croquet Club in Wimbledon, London, Friday, June 28, 2024. The Wimbledon Championships begin on July 1. (AP Photo/Kirsty Wigglesworth)

Novak Djokovic of Serbia wipes his face during a training session on Court 2 at the All England Lawn Tennis and Croquet Club in Wimbledon, London, Friday, June 28, 2024. The Wimbledon Championships begin on July 1. (AP Photo/Kirsty Wigglesworth)

Novak Djokovic of Serbia wipes his face during a training session on Court 2 at the All England Lawn Tennis and Croquet Club in Wimbledon, London, Friday, June 28, 2024. The Wimbledon Championships begin on July 1. (AP Photo/Kirsty Wigglesworth)

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