The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded Pike National Bank, a Community Development Financial Institution (CDFI), a $280,369 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant is intended to support Pike National Bank's efforts to increase its investments and expand its community development financing and service activities in the most economically distressed communities. Specifically, the funding...
BNA Bank received a $1.8 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund on June 15, 2021. The funding supports BNA Bank's participation in the Community Development Financial Institutions Rapid Response Program (CDFI RRP), which provides capital to Community Development Financial Institutions (CDFIs) to address the economic impacts of the COVID-19 pandemic. Through this award, expiring February 16, 2023, BNA Bank will deploy...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Pioneer Community Bank, Inc. a $1.8 million Project Grant under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024) on June 15, 2021. The grant is intended to support Pioneer Community Bank's ability to provide financial products and services through December 31, 2023 to address the economic impacts of the coronavirus pandemic in its service areas....
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...
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...
Progressive National Bank was awarded a $1.8 million project grant from the U.S. Department of the Treasury's Community Development Financial Institutions Fund on June 15, 2021. The grant was provided through the Community Development Financial Institutions Rapid Response Program (CDFI RRP), a program established to support Community Development Financial Institutions (CDFIs) in addressing the economic impacts of the coronavirus pandemic (CFDA #21.024). Under the two-year award ending December...
Peoples Bank 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 Peoples Bank's ability to respond to the economic impacts of the coronavirus through February 10, 2023. As a Community Development Financial Institution, Peoples Bank will use the grant funding from the Treasury Department's CDFI RRP program to provide $1.8 million in...
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...
Riverhills Bank 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 Riverhills Bank's ability to respond to the economic impacts of the coronavirus through December 31, 2023. As a Community Development Financial Institution, Riverhills Bank will use the grant funding to provide financial and other services that prepare for and support...
Partners Bank was awarded a $1.8 million project grant from the U.S. 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 period runs from June 15, 2021 through March 27, 2023 to support Partners Bank's ability to respond to the economic impacts of the coronavirus pandemic in its service areas. Specifically, the funding will allow Partners Bank to provide...