Project Grant 111BE010532

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Bank Enterprise Award (CFDA #21.021) to The First Bank, a certified CDFI, on September 19, 2024. This Project Grant supports The First Bank's efforts to increase its investments in and support for other CDFIs, as well as expand its community development financing and service activities in the most economically distressed communities. The funding enables The First Bank to deliver a...

The Bank of Commerce & Trust CO. was awarded a $181,766 Project Grant under the U.S. Department of the Treasury's Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant is intended to support the bank's increased investments and activities in certified Community Development Financial Institutions (CDFIs) and expand its community development financing and service offerings in economically distressed communities. The funding will enable the bank to provide technical assistance,...

The Bank of Commerce received a $280,369 Project Grant award on September 19, 2024, from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The funding will support the bank's efforts to increase investments and support for certified CDFIs, as well as expand community development financing and service activities in the most economically distressed communities. Key initiatives include...

The Bank Enterprise Award (BEA) Program, administered by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, awarded $280,369 to South Lafourche Bank & Trust Company on Sep 19, 2024. The grant supports FDIC-insured depository institutions that demonstrate increased investments and support for certified CDFIs, as well as expanded community development financing and service activities in economically distressed communities. Eligible activities...

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to First State Bank and Trust Company, Inc. under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The BEA Program provides monetary awards to FDIC-insured depository institutions that demonstrate increased investments and support for certified Community Development Financial Institutions (CDFIs). The funding is intended to incentivize financial institutions to...

The Federal Grant Award, valued at $252,478, was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The award supports Southeast First National Bank, a for-profit, woman-owned financial institution, in increasing its investments and support for certified CDFIs, as well as expanding its community development financing and service activities in the most economically distressed...

The Federal Grant Award in the amount of $280,369 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The award supports Lone Star National Bank, a for-profit minority-owned community bank, in increasing its investments and support for certified Community Development Financial Institutions (CDFIs) and expanding its community development financing and service activities in the...

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Bank Enterprise Award (CFDA 21.021) grant to Delta Bank, a for-profit Subchapter S Corporation headquartered in Vidalia, Louisiana. The grant supports Delta Bank's efforts to increase investments and expand community development financing and service activities within economically distressed communities. Specifically, the funding enables Delta Bank to provide targeted financial...

The Bank of Sunset and Trust Company received a $236,988 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The award is intended to support the bank's increased investments in and support of certified Community Development Financial Institutions (CDFIs), as well as expand the bank's community development financing and service activities in economically distressed...

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $216,000 Bank Enterprise Award (CFDA 21.021) grant to The Samson Banking Company, Inc., a certified CDFI, to increase investments and support for other CDFIs and expand community development financing and service activities in economically distressed communities. The grant funding, awarded on September 19, 2024, with an ultimate completion date of December 31, 2025, will enable The Samson...