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...
Commerce 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 the ability of Community Development Financial Institutions to respond to the economic impacts of the coronavirus and prepare for and respond to related needs through February 10, 2023. As part of the CDFI RRP, Commerce Bank will use the grant funding to deliver financial and...
Bank of Commerce received a $3.7 million project grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to provide financial services through December 2028. The grant aims to expand lending, grant making, and investment in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Funds will also support building organizational capacity and acquiring technology to deliver these services. As...
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...
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...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Bank of Cherokee County $1.8 million under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024) on June 15, 2021. The award is intended to support the ability of Community Development Financial Institutions to respond to the economic impacts of the coronavirus through December 31, 2023. Specifically, the funding will allow Bank of Cherokee County to...
The Bank of Camilla 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 efforts to prepare for and respond to the economic impacts of the coronavirus pandemic through the program completion date of December 31, 2023. As the designated Community Development Financial Institution (CDFI) serving the area, the Bank of Camilla will use the grant...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Bank of Lake Village $1.826 million under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) on June 15, 2021. The funding supports Bank of Lake Village in providing financial assistance and economic relief to communities impacted by the coronavirus pandemic through December 31, 2023. Specifically, the CDFI RRP award enables the bank to prepare for...
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...
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...