Vision Brookings Awarded $245,000 Through FHLB Member Impact Fund Partnerships

Vision Brookings has received a combined $245,000 in grant funding through the Member Impact Fund, a program of the Federal Home Loan Bank of Des Moines, in partnership with local lending institutions First Bank & Trust, BankStar Financial, and Dakotaland Federal Credit Union.

The Member Impact Fund is a matching grant program designed to support affordable housing, economic development, and community-focused initiatives. By pairing local financial institution contributions with matching funds, the program expands the capacity of organizations working to strengthen their communities.

Through these partnerships, Vision Brookings received the following awards:

• First Bank & Trust: $192,500

• BankStar Financial: $35,000

• Dakotaland Federal Credit Union: $17,500

“These partnerships reflect a shared commitment to investing in the long-term success of Brookings,” said Vision Brookings Board President, Carla Gatzke. “We thank these institutions for choosing Vision Brookings to receive these awards, which increase our ability to invest in catalytic, game-changing initiatives with long-term impact across our community.”

Across South Dakota and the region, FHLB Des Moines has committed millions of dollars through the Member Impact Fund to support organizations addressing critical community needs. The program empowers member institutions to champion local initiatives, multiplying their impact through collaboration.

Vision Brookings is a volunteer organization that enables private organizations and citizens to invest in game-changing initiatives that accelerate growth and prosperity in the Brookings area. By aligning partners and resources, Vision Brookings works to advance projects and initiatives that benefit residents, businesses, and the broader region.