First Bank & Trust partnership awards total of $700,000 to 15 South Dakota organizations
March 2026
Fifteen organizations in South Dakota received grant funding from First Bank & Trust and the Federal Home Loan Bank of Des Moines (FHLB Des Moines) through the Member Impact Fund. The grants are part of $12.9 million in funding awarded by FHLB Des Moines through a matching grant program designed to support affordable housing and community development across South Dakota.
The organizations that received funding address critical needs in their communities, including food security, childcare services, support for individuals with disabilities, and youth sports programming. Grant recipients include:
- SoDak Spurs Soccer Club (Brookings)
- GROW South Dakota (Brookings)
- SDSU Fellowship of Christian Athletes (Brookings)
- Vision Brookings (Brookings)
- Brookings Area Habitat for Humanity (Brookings)
- Inter-Lakes Community Action Partnership (ICAP) Foundation (Madison)
- Milbank Ball Diamond Association (Milbank)
- DakotAbilities (Sioux Falls)
- McCrossan Boys Ranch (Sioux Falls)
- St. Francis House (Sioux Falls)
- Bread Break Food Recovery (Sioux Falls)
- Habitat for Humanity of Greater Sioux Falls (Sioux Falls)
- Sioux Falls Hope Coalition (Sioux Falls)
- Pulse of Life Kids Care Center (Vermillion)
- Joy Ranch of South Dakota (Watertown)
“Our communities are stronger because of these organizations and the work they do every day, and that matters deeply to us,” said Kevin Tetzlaff, President and CEO of First Bank & Trust. “We’re grateful to partner with FHLB Des Moines to support programs that make a real difference for people in our region.”
FHLB Des Moines provides funding solutions to more than 1,200 members to support mortgage lending, economic development, and affordable housing in the communities they serve. The Member Impact Fund provides FHLB Des Moines members with matching grant donations to strengthen the ability of not-for-profits and government entities to support the needs of their communities.
“The Member Impact Fund is designed to help our members champion the organizations that make a real difference in their communities,” said Kris Williams, president and CEO of FHLB Des Moines. “By partnering with First Bank & Trust, we’re able to multiply resources and support their vital work as they continue to strengthen opportunities for the people they serve.”
Contact
Kevin Tetzlaff
President & CEO, First Bank & Trust
605.696.2046
kevin.tetzlaff@bankeasy.com