The Peoples Bank was awarded a $1.8 million grant 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 through March 27, 2023. As part of the CDFI RRP, The Peoples Bank will use the funding to provide financial and technical assistance to underserved communities and populations...
The Peoples Bank received a $2.48 million project grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) to deliver lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Through December 2028, the funding will enable The Peoples Bank to expand access to affordable credit and financial services for underserved borrowers and...
Peoples Bank received a $6.2 million project grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033). The funding will support Peoples Bank's lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Specifically, the grant provides $6.2 million for lending...
Partners Bank was awarded a $1.8 million project grant from the U.S. 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 period runs from June 15, 2021 through March 27, 2023 to support Partners Bank's ability to respond to the economic impacts of the coronavirus pandemic in its service areas. Specifically, the funding will allow Partners Bank to provide...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Peoples Bancshares, Inc. a $3.6 million project grant under the Community Development Financial Institutions Program (CDFI Program, CFDA #21.020). The grant will support Peoples Bancshares' efforts to promote economic revitalization and community development through February 2023 to December 2026. As described in the federal grant program details, the CDFI Program aims to build the capacity...
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...
Citizens Bank 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 is intended to support Citizens Bank's ability to respond to the economic impacts of the coronavirus through March 24, 2023 by providing financing and other assistance to communities and populations impacted by the pandemic. Specifically, the CDFI RRP funding will enable Citizens Bank...
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...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Peoples Advantage Federal Credit Union a $1,826,265 Project Grant under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant period runs from June 15, 2021 through December 31, 2023 to support Peoples Advantage FCU's ability to respond to the economic impacts of the coronavirus pandemic in its service areas in the United States. Specifically, the...
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...