(Huron, SD) (March 9, 2026) - Dakotaland Federal Credit Union, in partnership with Federal Home Loan Bank of Des Moines (FHLB Des Moines), is pleased to announce that TeamMates of Huron, South Dakota will receive an $8,750 grant from the Member Impact Fund. This matching grant program will result in FHLB Des Moines awarding over $12.9 million in funding to support affordable housing and community development in Alaska, South Dakota, Guam, and the Commonwealth of the Northern Mariana Islands.
According to Dakotaland Federal Credit Union’s CEO, Ryan Goehner, “Providing the amenities a family needs to build a better way of life is at the heart of the credit union’s financial cooperative movement. We are humbled and privileged to be able to give back to our striving communities by awarding TeamMates of Huron a $8,750 grant in partnership with Federal Home Loan Bank of Des Moines. These funds are designated to mentor youth and strengthen the family unit.”
TeamMates’ mission is to positively impact the world by inspiring students to reach their full potential through mentoring. The long-term vision is to maximize the number of students they serve with high quality, long lasting relationships. Lacey Fryberger, TeamMates Program Coordinator, said, “We are incredibly grateful to Dakotaland Federal Credit Union and FHLB Des Moines for investing in our youth. This funding helps us continue building meaningful relationships that support students, strengthen families, and create brighter futures for young people in our community. Mentoring changes lives! This generous support allows us to expand opportunities for students to connect with caring adult mentors who encourage them, support their goals, and help them believe in their potential. When students have a trusted mentor cheering them on, they gain confidence, stay engaged in school, and see new possibilities for their future.” Learn more by visiting teammates.org.
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 or 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 our members, we’re able to multiply resources and support their vital work as they continue to strengthen opportunities for the people they serve.”
Recipient organizations were selected based on the needs for grant funding to support capacity-building or working capital necessary to strengthen their ability to serve affordable housing or community development needs, including job training, affordable housing, financial literacy, food banks and youth programs.
This member matching grant program is part of FHLB Des Moines’ ongoing mission to offer a variety of funding options through its members.
Since its launch in 2023, the Member Impact Fund has provided more than $83 million in grants from FHLB Des Moines, generating over $113 million in combined support for affordable housing and community development. Notably, every eligible application submitted to the program has received funding reflecting the organization’s strong commitment to partnership and impact.
