The Department of the Treasury Community Development Financial Institutions Fund awarded SNB Holdings, Inc. a $125,000 Project Grant under the Community Development Financial Institutions Program (CFDA 21.020). The grant will support technical assistance activities through December 2023 to build the organizational capacity of certified and emerging Community Development Financial Institutions. Technical assistance funds will be used for personal and professional services, travel, training, equipment, and supplies. The goal is to increase access to affordable financial products and services for low-income individuals and underserved communities across the United States. If SNB Holdings is a Community Development Financial Institution depository institution holding company, activities may also be carried out through a subsidiary insured depository institution.
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