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...
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...
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...
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 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...
First National Bank and Trust was awarded a $1,826,265 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 First National Bank and Trust's ability to provide financial products and services through February 9, 2023 to respond to the economic impacts of the coronavirus pandemic in its service areas. As a Community Development Financial Institution, First National...
The Community Development Financial Institutions Fund (CDFI Fund) within the Department of the Treasury awarded First Bank $4,957,678 under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) on April 10, 2023. The CDFI ERP provides grants to Community Development Financial Institutions (CDFIs) to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic through...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Bank Enterprise Award (BEA) Program grant (CFDA #21.021) to The First Bank, a certified CDFI, on September 19, 2024. The grant funding will enable The First Bank to increase its investments and support for other CDFIs, as well as expand its community development financing and service activities in the most economically distressed communities it serves. As a designated CDFI, The First...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Bankfirst Financial Services $6.197 million under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033) on April 10, 2023. The grant will support Bankfirst's delivery of expanded lending, grant making, and investment activities in low- and moderate-income communities through December 31, 2028. Specifically, the funding will enable Bankfirst...