Project Grant 191BE023497G

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $181,766 Bank Enterprise Award (CFDA 21.021) grant to Bank of Commerce & Trust CO. on September 19, 2024. The grant funding is designed to support the bank's increased investments and activities in certified CDFIs and expand community development financing and services within economically distressed communities. Specifically, the grant will enable Bank of Commerce & Trust CO. to...

The Bank of Commerce received a $280,369 federal 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 grant funds will enable the bank, a certified CDFI, to increase its investments and support for other CDFIs and expand its community development financing and service activities in the most economically distressed communities. Specific initiatives include creating...

The Federal Grant Award of $280,369 was provided by 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 award was granted to CLB The Community Bank, a for-profit Subchapter S corporation and certified CDFI located in Jonesville, Louisiana. The funding supports the bank's efforts to increase investments and support for CDFIs, as well as expand its community development financing and...

The $176,400 federal Project Grant award 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 funding will be used by The First National Bank of Commerce, a for-profit Subchapter S Corporation, to increase its investments and support for certified Community Development Financial Institutions (CDFIs) and expand its community development financing and service activities in the...

The Federal 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) provides $280,369.00 to Commercial Bank & Trust Company, a for-profit Subchapter S corporation located in Monticello, Arkansas. The award period runs from September 19, 2024, to December 31, 2025. The funding supports Commercial Bank & Trust Company's efforts to increase investments and support for...

This $280,369 Bank Enterprise Award (BEA) Program grant, awarded by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund on September 19, 2024, supports The First Bank's efforts to increase investments in CDFIs and expand community development financing and service activities in the most economically distressed communities. As a designated CDFI, The First Bank will utilize the grant funding to deliver essential banking and financial services tailored...

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $236,356 Bank Enterprise Award (CFDA 21.021) to Community Bank, a for-profit financial institution in Lexington, Tennessee. This Project Grant, awarded on September 19, 2024, supports Community Bank's efforts to increase investments and support for certified CDFIs, as well as expand community development financing and service activities in economically distressed communities. The funding...

The $280,369 Bank Enterprise Award (BEA) Program grant awarded by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund to First Naturalstate Bank supports the bank's efforts to increase investments and community development financing activities in economically distressed communities. Through this Project Grant, the bank will utilize the funds to expand affordable housing financing, small business support, and the development of tailored financial...

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 Asian Bank, a minority-owned, for-profit financial institution, on September 19, 2024. The grant, which runs through December 31, 2025, is designed to incentivize Asian Bank to increase its investments and support for certified Community Development Financial Institutions (CDFIs) and to expand its community development financing and service...

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to American Bank & Trust Company on September 19, 2024 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 CDFIs, with the goal of expanding community development financing and service activities in economically...