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...
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...
First State 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 First State Bank's ability to respond to the economic impacts of the coronavirus pandemic through the program completion date of December 31, 2023. Administered by the Treasury's Community Development Financial Institutions Fund, the CDFI RRP aims to support Community Development...
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $1.8 million Project Grant to the National Association City First Bank under the Community Development Financial Institutions Rapid Response Program. The grant period runs from June 2021 through March 2023. Under this award, City First Bank will use the funding to support, prepare for, and respond to the economic impact of the coronavirus pandemic in its service areas as part of the CDFI Rapid Response...
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...
The First Bank received a $6.2 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to provide lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. The grant aims to expand The First Bank's capital access and financial services for underserved borrowers and communities through December 2028. As a designated Community...
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...
First Southern 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 First Southern Bank's ability to respond to the economic impacts of the coronavirus pandemic through the Community Development Financial Institutions Rapid Response Program (CDFI RRP). Administered by the Community Development Financial Institutions Fund, the CDFI RRP aims to...
The Bank of Franklin received a $1.8 million award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program on June 15, 2021. The funding will support the bank's efforts to prepare for and respond to the economic impacts of the coronavirus pandemic through March 2023. As the recipient of a Project Grant through the CDFI RRP, the Bank of Franklin will use the federal funds to deliver programs and services that address the needs of communities and...
First Independence 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 the program completion date of December 31, 2023. As the designated awardee under the Community Development Financial Institutions Rapid Response Program (CFDA 21.024), First Independence...