Texas Bankers Foundation reopens flood relief fund following severe storms

The Texas Bankers Foundation reopened its Flood Relief Fund to support Texas communities affected by severe storms and flooding across the state, the Texas Bankers Association announced today. The foundation is coordinating with the Texas Department of Emergency Management, local bank leaders and community organizations throughout the affected areas.

Gov. Greg Abbott issued a state disaster declaration covering 59 counties as heavy rains and flash flooding continue across southwest Texas, the Hill Country and other parts of the state. according to TBA. At least two deaths were reported, hundreds of people were rescued, and floodwaters damaged homes, businesses, roads and other critical infrastructure.

The Texas Bankers Foundation will work directly with bankers in affected communities to determine where assistance can make the biggest difference.

“Texas local bankers don’t wait on the sidelines when their neighbors are harmed. They take action,” said Chris Furlow, TBA President and CEO. “We may not yet know the full extent of the damage, but we know that help is needed now. We will begin helping communities wherever we can, while continuing to assess the situation and responsibly direct resources as needs arise.”