Franklin State Bank & Trust Company was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant will support the Bank's ability to provide financial products and services to communities impacted by the economic effects of the coronavirus pandemic from June 2021 through December 2023. The CDFI RRP aims to bolster...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Bank of St. Francisville $1.8 million under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) from June 2021 through December 2023. The CDFI RRP aims to support Community Development Financial Institutions' ability to address the economic impacts of the coronavirus pandemic by preparing for and responding to related needs. Through this funding, Bank...
Farmers-Merchants Bank & Trust Company (FM Bank) received a $1,826,265 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The two-year award ending December 31, 2023 will support FM Bank's ability to respond to the economic impacts of the coronavirus pandemic on its customers and community. The CDFI RRP aims to bolster...
First American National Bank received a $1.8 million project grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant funding will support the bank's ability to respond to the economic impacts of the coronavirus pandemic through February 2023. As the stated purpose of the CDFI RRP program is to support, prepare for, and respond to the pandemic's economic effects, the bank will likely use the funds to provide...
The Bank of Brookhaven received a $1.8 million project grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant funding will support the bank's ability to respond to the economic impacts of the coronavirus pandemic through the program completion date of February 10, 2023. As the designated awardee, Bank of Brookhaven will utilize the grant funding to deliver services that prepare for and respond to the...
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $1.8 million Project Grant to First National Bank of Picayune, Mississippi on June 15, 2021 through the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The grant supports the bank's ability to respond to the economic impacts of the coronavirus pandemic by providing financial and technical assistance to underserved communities and populations through...
Bankfirst Financial Services received a $1.8 million project grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP) on June 15, 2021. The grant funding will support Bankfirst's ability to respond to the economic impacts of the coronavirus through March 2023. As part of the CDFI RRP program (CFDA 21.024), the grant funding will enable Bankfirst to provide financial and technical assistance to underserved communities and...
Commercial Bank & Trust Company was awarded a $1.8 million project grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) on June 15, 2021. The grant will support Commercial Bank's ability to respond to the economic impacts of the coronavirus through December 31, 2023. As a Community Development Financial Institution, Commercial Bank will use the funding to provide financial and technical assistance to...
BNA Bank received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund on June 15, 2021. The funding supports BNA Bank's participation in the Community Development Financial Institutions Rapid Response Program (CDFI RRP), which provides capital to Community Development Financial Institutions (CDFIs) to address the economic impacts of the COVID-19 pandemic. Through this award, expiring February 16, 2023, BNA Bank will deploy...
Freedom Bank received a $1.8 million project grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP) on June 15, 2021. The grant funding will support Freedom Bank's ability to respond to the economic impacts of the coronavirus through February 10, 2023. As part of the CDFI RRP program (CFDA #21.024), the grant funding will enable Freedom Bank to provide financial and technical assistance to underserved communities and...