Photo Release -- IBERIABANK, FHLB Dallas Attend Dedication Ceremony for New Living Facility for Individuals With Disabilities

LITTLE ROCK, Ark., Oct. 27, 2009 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce the dedication of Wilson Court II, a 15-unit living facility for individuals with disabilities. FHLB Dallas and IBERIABANK awarded a $154,000 Affordable Housing Program (AHP) grant to Easter Seals Arkansas for the construction of the project. A dedication ceremony takes place today honoring the opening of the facility.

Easter Seals Arkansas used the grant in conjunction with funding from HUD to construct Wilson Court II, a 15-unit living facility for individuals with disabilities. Construction began in July 2008 and the doors opened in April 2009. Easter Seals Arkansas hosted a dedication ceremony honoring the opening of Wilson Court II, a new living facility for Individuals with disabilities. FHLB Dallas and IBERIABANK awarded a $154,000 Affordable Housing Program grant to assist with the construction of the facility.

Photos accompanying this release are available at

http://www.globenewswire.com/newsroom/prs/?pkgid=6768

http://www.globenewswire.com/newsroom/prs/?pkgid=6769

Easter Seals Arkansas utilized the AHP grant in conjunction with a $1.2 million Housing and Urban Development (HUD) 811 Program grant to construct Wilson Court II. This is the third project of its kind that Easter Seals Arkansas has coordinated with HUD.

"We are grateful to IBERIABANK and FHLB Dallas for investing with HUD and Easter Seals to provide quality housing for adults with disabilities," said Sharon Moone-Jochums, President and CEO of Easter Seals Arkansas. "It is critical to provide safe and affordable housing to adults with disabilities, as well as the opportunity for them to live independently and be able to participate in their community." Of the 15 units, Wilson Court has four two-bedroom apartments, 10 one-bedroom apartments, and one apartment for an onsite manager. The facility also offers a community room, laundry room, and a management office. Construction began in July 2008 and by April 2009 the first tenants had moved in.

"We are proud to partner with the Federal Home Loan Bank of Dallas to invest in such an important endeavor," says Jerry Vascocu, President of IBERIABANK Little Rock. "This opportunity allows us to support Easter Seals and an essential facility that provides critical services." Representatives from FHLB Dallas and IBERIABANK will be in attendance at today's dedication ceremony.

For more information about the dedication or FHLB Dallas programs, please contact the Corporate Communications Department at 214.441.8445.

About the Federal Home Loan Bank of Dallas

The Federal Home Loan Bank of Dallas is one of 12 district banks in the FHLBank System created by Congress in 1932. FHLB Dallas, with total assets of $72.1 billion as of June 30, 2009, is a member-owned cooperative that supports housing and community development by providing competitively priced loans and other credit products to more than 900 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. For more information, visit the FHLB Dallas web site at fhlb.com.

The Federal Home Loan Bank of Dallas logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3013

The photos are also available via AP PhotoExpress.

CONTACT:  Federal Home Loan Bank of Dallas
          Corporate Communications
          (214) 441-8445
          www.fhlb.com