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Oak Valley Community Bank Receives Approval for Grants to Support Turlock Gospel Mission and Habitat for Humanity
Nov 05, 2024•over 1 year ago
Contract Type
partnership
Description
Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp, has received approval on two 2024 AHEAD grants totaling $125,000, which were submitted to the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) on behalf of Turlock Gospel Mission and Habitat for Humanity of Tuolumne County. The grants will support job training, affordable housing, and community engagement in the Stanislaus and Tuolumne counties.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months