FHLBank Topeka member recognized for its work in housing
Citizens State Bank & Trust Company received the Regional Housing Champion Award at the FHLBank Topeka Kansas Regional Meeting this past week.
From 2020 to 2024,Citizens State Bank helped homebuyers with $345,000 in down payment and closing cost assistance through FHLBank’s TurnKey programs. Citizens State also borrowed through FHLBank’s reduced-cost advance programs, called the Community Housing Program and Community Development Program. With $41 million in commitments, they’ve impacted 12 housing units and created or retained 390 jobs.
"We recognize a strong symmetry between the FHLBank programs offered and the needs of our communities that we serve," said Troy Soukup, president and CEO of Citizens Bank & Trust Company. “This alignment makes FHLBank a natural partner for our bank, enabling us to effectively support and uplift our community together.”
In partnership with members like Citizens State Bank, FHLBank has provided more than $136 million in Kansas to support nearly 20,527 housing units since 1990 through its Affordable Housing Program and TurnKey down payment assistance programs.
“We are proud to honor Citizens State Bank & Trust Company,” said Kylie Mergen, Community Investment Officer, Director of Housing and Community Development. “They have partnered with FHLBank Topeka in multiple ways to improve their community through our housing and community development programs. It’s clear they are a housing champion in the communities they serve in north central Kansas.”
Pictured left to right: Matt Koupal, Kylie Mergen, Lance White, Troy Soukup, Jeff Steiner, Jeff Kuzbel and L. Kent Needham
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