The Federal Home Loan Bank of Dallas supports housing opportunities by acting as a wholesale financial intermediary for financial institutions that are in the mortgage market.
The Federal Home Loan Bank of Dallas (the Bank), is a cooperatively owned wholesale bank that supports housing and economic development in the communities served by our member institutions in Arkansas, Louisiana, Mississippi, New Mexico, and Texas.
Our credit products and other financial services help members deliver financial products to fund housing, small business, rural development and agriculture. Specialized community investment and affordable housing loan and grant programs help finance community redevelopment and expand affordable housing opportunities.
Members include commercial banks, savings institutions, credit unions and insurance companies.
The Bank is wholly owned by member financial institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. The Bank does not lend directly to the public, but provides low cost funds to its member institutions. Eligible members are financial institutions, regardless of size, with at least 10 percent of their assets in residential mortgage loans, or any FDIC-insured institution with average total assets over the preceding three year period of less than $500 million adjusted annually.
The Bank's primary goal is to provide credit and other services to help members fund housing, small business, small agri-business and economic and community development loans in their communities. Bank advances (loans) supplement local deposits as a source of funds for members. The Bank also provides other financial and operational support services, including securities safekeeping, overnight and term deposit programs, and wire transfer services.
The Bank also supports the expansion of affordable housing opportunities and community revitalization through specialized community investment and affordable housing advances and grant programs. The Bank contributes a percentage of its net income each year to an Affordable Housing Program which provides subsidized advances and grants for community housing programs initiated by the Bank's members. The Bank also offers advances at below normal interest rates for community reinvestment activities through the Bank's Community Investment and Economic Development Programs.
The Bank's headquarters is located in the Las Colinas area of the Dallas/Fort Worth metroplex.
Bank Employment
Career Opportunities
Please visit our Career Opportunities link to view open positions at the Bank. The Bank provides equal employment opportunity to all individuals without regard to race, religion, color, sex, age, marital status, ancestry, veteran status, disability or national origin. The Bank will consider for employment all persons on an individual basis consistent with job related criteria without regard to visible and non-visible disabilities. Equal opportunity applies to all employment practices, including recruitment, screening, and hiring, compensation and training, and all other conditions and privileges of employment.
The employees of the Federal Home Loan Bank of Dallas recognize that the Bank will most effectively meet its objectives if they commit themselves to the following principles:
1. Service to our customers is first and foremost.
2. All business will be conducted honestly and ethically.
3. Each employee contributes to customer service by directly serving our customers or supporting those who do.
4. Interaction with customers should focus on building professional relationships and helping customers achieve their goals.
5. Cooperation and teamwork throughout and across all levels of the Bank are essential to our effectiveness.
6. Colleagues and customers will be treated with the same respect and dignity we want them to extend to us.
The Bank believes in the health and well-being of its employees and provides comprehensive and competitive benefits to attract and retain the best employees.
Health Insurance
Employee Referral Program
Vacation
Flexible Spending Accounts
Flex Leave
Employee Matching Gifts Program
Group Universal Life Insurance
On-site Fitness Facility
On-site Deli
Dependent Life Insurance
Educational Assistance
Bereavement Leave
Supplemental Life Insurance
Flexible Work Schedules
Paid Holidays
Employee Life Insurance
Incentive Compensation
Professional Development
Long Term Care Insurance
Retirement Plan
Business Casual Dress Environment
Long Term Disability
Thrift/401(k) Savings Plan
Free Covered Parking
Short Term Income Protection
Service Award Program
Note: This listing of benefits is subject to change without notice.
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