FSB and FHLB Award Grant to Phillco Economic Development Growth Council

The First State Bank of Malta, a member of the Federal Home Loan Bank of Des Moines (FHLB Des Moines), along with Phillco Economic Development Growth Council were chosen to receive a competitive Member Impact Fund grant for $10,000.00 to help expand the prosperity and economic resilience of Phillips County.

"Since 1986, The First State Bank of Malta has been an active supporter of Phillco, attending community meetings, serving on the board of directors, and Executive board." Says bank representative, Michael Peter. "One of the largest indicators of a prosperous community is economic diversity...