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Texas Bankers Foundation Reopens Flood Relief Fund Following Widespread Texas Flooding

The Texas Bankers Foundation, the charitable arm of the Texas Bankers Association, has reopened its Flood Relief Fund to support Texas communities affected by the severe storms and flooding unfolding across the state this summer. The foundation is coordinating its efforts with the Texas Division of Emergency Management, local bank leaders and community organizations throughout the affected areas.

In July, Texas Governor Greg Abbott issued a state disaster declaration covering 59 counties as heavy rainfall and flash flooding hit Southwest Texas, the Hill Country and other parts of the state. At least two deaths were reported, hundreds of people were rescued and floodwaters damaged homes, businesses, roads and other critical infrastructure. Uvalde County and communities along the Nueces and Frio river basins are among the hardest hit. Kerr, Real, Kendall, Blanco, Sutton and other counties have also experienced significant flooding or remain at risk as rivers rise and floodwaters move downstream.

“Texas community bankers do not wait on the sidelines when their neighbors are hurting. They take action,” says Chris Furlow, president and CEO of the Texas Bankers Association. “We may not yet know the full extent of the damage, but we know help is needed now.”

The Texas Bankers Foundation is working directly with bankers in affected communities to identify where assistance can make the greatest difference.

“Our bankers live and work in these communities. They know their neighbors, understand the local needs and will help us identify where these funds can have the greatest impact,” Furlow adds. “As the crisis continues, we are prepared to expand our efforts to other affected areas across Texas.”

Banks, bankers, industry partners and members of the public are encouraged to contribute to the Texas Bankers Foundation Flood Relief Fund.

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Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to contact the editorial department.