CENTENNIAL BANK

Searcy Housing Receives $750K to Rebuild 60 Units for Low-Income Families

Retrieved on: 
Friday, February 11, 2022
Other Professional Services, Construction & Property, Finance, Banking, Professional Services, Urban Planning, Other Construction & Property, Residential Building & Real Estate, Federal Home Loan Banks, National Trust Community Investment Corporation, FDIC, Income, Corporate social responsibility, Home BancShares, Housing, FHLB, Rehabilitation, Equal housing lender, Congress, AMI, Multimedia, Searcy House, AHP, Organization, Property management, Renewable energy, Bank, Program, Centennial Bank, the Federal Home Loan Bank of Dallas, CENTENNIAL BANK, THE FEDERAL HOME LOAN BANK OF DALLAS

Centennial Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) have awarded a $750,000 Affordable Housing Program (AHP) subsidy to Searcy Housing Authority (Searcy Housing) to demolish 28 outdated homes and rebuild 60 modernized affordable housing rental units in The South Grove project.

Key Points: 
  • Centennial Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) have awarded a $750,000 Affordable Housing Program (AHP) subsidy to Searcy Housing Authority (Searcy Housing) to demolish 28 outdated homes and rebuild 60 modernized affordable housing rental units in The South Grove project.
  • View the full release here: https://www.businesswire.com/news/home/20220211005570/en/
    FHLB Dallas joined Centennial Bank to award Searcy Housing Authority a $750K Affordable Housing Program subsidy to construct 60 rental units for low-income families in Searcy, Arkansas.
  • (Photo: Business Wire)
    Searcy Housing provides affordable housing for eligible families to promote self-sufficiency and economic independence to residents.
  • The AHP funding is helping to modernize the houses and provide up-to-date development, said David Gates, executive director of Searcy Housing.

Centennial Bank Partners with FINBOA to Maximize Efficiency through Automation

Retrieved on: 
Tuesday, September 21, 2021
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Centennial Bank has partnered with FINBOA , a leading innovator in digital automation and regulatory compliance for financial institutions, to drive efficiency and reduce bank losses, improving customer experience and empowering employees through process automation.

Key Points: 
  • Centennial Bank has partnered with FINBOA , a leading innovator in digital automation and regulatory compliance for financial institutions, to drive efficiency and reduce bank losses, improving customer experience and empowering employees through process automation.
  • Seeking to improve their success in complying with federal regulations and the efficiency of operations, Centennial Bank selected FINBOA for Reg E Dispute Tracking.
  • We chose FINBOA because it is scalable and sustainable, and our staff could be easily trained to use it effectively, said Kimberly Mantuano, e-banking card manager at Centennial Bank.
  • FINBOA is dedicated to providing innovative solutions that strengthen the relationship between financial institutions, like Centennial Bank, and their account holders, while improving back-office efficiency.