LBC - Luther Burbank secures AHEAD grants for pandemic relief projects

Luther Burbank ([[LBC]] +2.2%), holding bank for Luther Burbank Savings, was awarded $55K in grants by FHLBank San Francisco to benefit organizations tackling the challenges posed by COVID-19.In order to reduce the pandemic impact, the goal of the project ir to assist vulnerable households by providing immediate relief and financial stability and bolster resiliency.The FHLBank awarded $1.9M to 52 pandemic relief projects through their 2020 AHEAD grants; additional $1.6M was awarded to 45 economic development projects.

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Luther Burbank secures AHEAD grants for pandemic relief projects