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 Company will utilize the funding to prepare for and respond to increased needs for lending, financial counseling, and other services that support small businesses, non-profits, and other entities affected by the public health crisis and economic downturn.
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