First Interstate and the Federal Home Loan Bank of Des Moines granted $160,000 to six Missouri nonprofits. The grants support housing, senior services, food security, and child care.
First Interstate provided the initial $40,000. FHLB Des Moines matched that gift 3-to-1 with $120,000 more through its Member Impact Fund. The grants were announced in mid-July.
FHLB Des Moines started the Member Impact Fund in 2023. It matches what member banks give, so local dollars go further.
In its latest round, FHLB Des Moines awarded more than $19.4 million to member financial institutions. Those funds, plus member gifts, reached more than 950 nonprofit and government groups across its district.
“The Member Impact Fund match helps us stretch each dollar further so local organizations can keep doing the work that matters most for our neighbors,” said Amberly Pahut, First Interstate’s Director of Community Responsibility.
The funding helps nonprofits provide food, shelter, and safety services. It also supports job training, early learning, and other programs that help families stay stable.
“We’re proud to partner with FHLB Des Moines to turn our giving into $160,000 in support for Missouri nonprofits,” said Jim Miller, First Interstate’s Southeast Iowa and Missouri State President. “Organizations like these are critical to thriving and healthy communities.”
Six Missouri groups will share the combined gifts from First Interstate and FHLB Des Moines:
- Mercer County Development Corporation, Princeton, $12,000. This nonprofit began in 2020. It supports housing, new businesses, and growth in Mercer County. It also opened Little Sprouts Daycare to give working families safe, low-cost child care. About half the families served earn low to moderate incomes.
- Putnam County Senior Center, Unionville, $12,000. This center helps older adults stay healthy and connected. It offers meals, benefits help, and a place to gather.
- Sullivan County Multi-Purpose Senior Center, Milan, $100,000. Since 1978, the center has served hot and home-delivered meals five days a week. It also offers fitness classes and wellness checks. For many, the noon meal is their only visit with others that day. County and city funding fell sharply this year. First Interstate’s $25,000 contribution is part of the Bank’s Believe In Local campaign.
- Mission Possible Center, Grant City, $12,000. This nonprofit runs a thrift store and a food pantry. Demand keeps rising, and protein is its top need. By the end of 2025, the pantry served people equal to more than 5% of the county.
- Harrison County Council on Aging Senior Center, Bethany, $12,000. The center offers meals, rides, and support for older and disabled residents. Its work helps people stay independent and less alone.
- Albany Community Development, Albany, $12,000. This nonprofit started in 1995 to add quality housing. For more than 30 years, it has worked to strengthen Albany. Today it is restoring the historic Rigney Theater into a shared space for the community, local schools, and downtown.
First Interstate supports local groups across our footprint. We give through grants, volunteer time, and employee giving programs.
To learn more about our community impact, visit the Community Scorecard at firstinterstate.com/company/commitment/community-scorecard
