The Bank of Commerce, a certified Community Development Financial Institution (CDFI), has been awarded a $280,369 Project Grant under the U.S. Department of the Treasury's Bank Enterprise Award (BEA) Program (CFDA 21.021). This grant, awarded on September 19, 2024, with a completion date of December 31, 2025, will enable the bank to increase its investments and support of other CDFIs, as well as expand its community development financing and service activities in the most economically distressed...
The Federal Grant Award, with ID 241BE066274G, 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 $280,369 award was granted to Commercial Bank & Trust Company, a for-profit Subchapter S corporation located in Monticello, Arkansas, to increase the bank's investments and support for certified Community Development Financial Institutions (CDFIs) and expand its...
The Federal Grant Award 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 the American Bank & Trust Company, a for-profit Subchapter S Corporation, 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 communities. 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) to Bankfirst Financial Services, a for-profit financial services organization based in Macon, Mississippi. The award, which has a project period from September 19, 2024, to December 31, 2025, will enable Bankfirst Financial Services to increase its investments and support for certified CDFIs, as well as expand its community development financing...
The federal Project Grant award, with ID 241BE066340G, 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 $259,200.00 award was granted to Anstaff Bank (doing business as First National Bank) on September 19, 2024, to support the bank's increased investments and activities to expand community development financing and services in economically distressed communities. The...
The Federal Grant Award 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). This Project Grant aims to increase The First National Bank of Jeanerette's investments and support for certified Community Development Financial Institutions (CDFIs), as well as expand the bank's community development financing and service activities in economically distressed...
The Federal Grant Award, with ID 241BE066377G, 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 $176,400.00 grant was awarded on September 19, 2024, to The First National Bank of Commerce, a for-profit Subchapter S Corporation, to increase its investments and support of certified CDFIs and expand its community development financing and service activities in the most...
The Bank of Moundville 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 through the Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant funding enables the bank, which is a Community Development Financial Institution (CDFI), to increase its investments and support for other CDFIs, as well as expand its community development financing and service activities in the most...
The federal Project Grant award of $280,369, 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), supports River Bank & Trust's efforts to increase investments and support for certified CDFIs. The funds will enable the bank to expand community development financing and service activities in economically distressed communities, including providing technical assistance, affordable...
The Federal Grant Award in the amount of $280,369.00 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 was granted to Progressive National Bank, a for-profit Subchapter S Corporation based in Mansfield, Louisiana, on September 19, 2024, with a project period running through December 31, 2025. The primary purpose of the BEA Program is to incentivize FDIC-insured...