Planters Bank & Trust Company received a $6.2 million project grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to expand lending, grant-making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Awarded on April 10, 2023, the grant will support Planters Bank in providing $6.2M in capital and financial services to underserved borrowers and...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Merchants and Planters Bank $1,826,265 under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024) from June 15, 2021 through December 31, 2023. The CDFI RRP aims to support Community Development Financial Institutions' (CDFIs) ability to address the economic impacts of the coronavirus pandemic in the United States. Under this award, Merchants and...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Plaquemine Bank & Trust Company $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 economic impacts of the coronavirus pandemic by preparing for and responding to related needs. Through this funding,...
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...
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...
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...
Exchange Bank And Trust Co received a $1.8 million project grant award from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) to support, prepare for, and respond to the economic impact of the coronavirus. The grant period runs from June 15, 2021 through February 16, 2023 and will enable the bank to deliver financial and technical assistance services to communities and businesses affected by the pandemic in the United...
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...
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...
Richton 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) to support, prepare for, and respond to the economic impact of the coronavirus. The grant period runs from June 15, 2021 through December 31, 2023 and will allow Richton Bank & Trust Company to provide financial and technical assistance services to communities and populations affected by the...