Project Grant 21RRP056495G

The Exchange Bank and Trust Co received a $3.7 million grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Fund Equitable Recovery Program. The grant will support the bank's efforts to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Funds will also help build the bank's capacity to provide...

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 the bank's ability to provide financial products and services through December 31, 2023 to address the economic impacts of the coronavirus pandemic in its communities. As a Community Development Financial Institution, Commercial Bank & Trust...

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...

Citizens Bank & Trust was awarded a $1,826,265 Project Grant from the Department of the Treasury Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant will support Citizens Bank & Trust's ability to provide financial products and services to communities in need from June 2021 through December 2023 in response to the economic impacts of the coronavirus pandemic. Specifically, the...

First 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 is intended to support First Bank's ability to respond to the economic impacts of the coronavirus pandemic through February 10, 2023. As part of the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024), the funding will allow First Bank to provide financial and technical...

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...

Commerce 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 is intended to support the ability of Community Development Financial Institutions to respond to the economic impacts of the coronavirus and prepare for and respond to related needs through February 10, 2023. As part of the CDFI RRP, Commerce Bank will use the grant funding to deliver financial and...

The First Bank was awarded a $1.8 million Project Grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The grant funding will support The First Bank's ability to respond to the economic impacts of the coronavirus through February 10, 2023. As a Community Development Financial Institution, The First Bank will use the grant funds to provide lending and other financial services to communities and populations affected by...

Bay Bank was awarded a $1,826,265 Project Grant from the Department of the Treasury Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant period runs from June 15, 2021 through March 7, 2023 to support Bay Bank's ability to respond to the economic impacts of the coronavirus pandemic in its service areas. Specifically, the funding will enable Bay Bank to provide financial and technical...