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 Merchants & Marine 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 in preparing for and responding to the economic impacts of the coronavirus pandemic. Through this funding, Merchants & Marine Bank will...
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...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Merchants & Farmers Bank Of Greene County a $2,478,839 project grant under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will enable the bank to expand lending, grant making, and investment activity through 2028 in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Specifically,...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Unity Bank of Mississippi $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' ability to address the economic impacts of the coronavirus pandemic by providing $1.8 million to Unity Bank of Mississippi, doing business as...
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 Bank of Kilmichael 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, awarded June 15, 2021 for a period ending February 9, 2023, will allow the Bank of Kilmichael to provide financial and technical assistance services to communities and populations affected by the pandemic using...
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...
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...
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $1.8 million Project Grant to Myfm Bank under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The grant period runs from June 15, 2021 through March 24, 2023. The CDFI RRP aims to support Community Development Financial Institutions' ability to address the economic impacts of the coronavirus pandemic. Under this award, Myfm Bank will utilize the funding...