Habitat-Jackson Awarded $350,000 FHLB Dallas AHP Grant

DALLAS, July 10, 2009 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of Dallas
(FHLB Dallas) is pleased to announce that Habitat for Humanity-Metro Jackson has
received a $350,000 Affordable Housing Program (AHP) grant to provide down
payment assistance to 35 very low- to low-income families to purchase homes in
Hinds, Rankin, and Madison counties in Mississippi.

The AHP grant was made available through BancorpSouth Bank, one of FHLB Dallas's
members in Jackson.

"The grant is an incredible tool to help us be able to make the houses
affordable for our families," said Cindy Griffin, Habitat-Jackson's Executive
Director. "That assistance makes it possible for us to help the very low- and
low-income families realize home ownership. It's a dream come true for all of
them. This is a great component of our program."

Evelyn Edwards, Vice President of Community Reinvestment for BancorpSouth Bank,
said the AHP grants help make the homes more affordable for residents.

"Better housing makes a more stable community, and when there's home ownership,
that also creates community pride. You're not creating renters, you're creating
homeowners," Ms. Edwards said. "BancorpSouth isn't just interested in making
money. We know that if our community isn't surviving and thriving then
BancorpSouth can't survive and thrive."

Each year, FHLB Dallas returns 10 percent of its profits to the communities
served by member institutions in the form of AHP grants issued through its
member financial institutions. In 2009, the Bank has awarded $5.4 million to
projects within its five-state District, including $1,288,000 million to
projects in Mississippi, resulting in the creation or renovation of 136 housing
units in the state.

About the Federal Home Loan Bank of Dallas

The Federal Home Loan Bank of Dallas is one of 12 district banks in the FHLBank
System created by Congress in 1932. FHLB Dallas, with total assets of $68.7
billion as of March 31, 2009, is a member-owned cooperative that supports
housing and community development by providing competitively priced loans and
other credit products to more than 900 members and associated institutions in
Arkansas, Louisiana, Mississippi, New Mexico and Texas. For more information,
visit the FHLB Dallas web site at fhlb.com.

The Federal Home Loan Bank of Dallas logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=3013

-0-
CONTACT: Federal Home Loan Bank of Dallas
Corporate Communications
(214) 441-8445
www.fhlb.com