Citizens Progressive 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 Citizens Progressive Bank's efforts to prepare for and respond to the economic impacts of the coronavirus pandemic through December 31, 2023. As the stated purpose of the CDFI RRP program is to support Community Development Financial Institutions in responding to the...
Citizens Progressive Bank was awarded a $6.2 million project grant from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to expand lending, grant making, and investment activity in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. The April 2023 award will allow the bank to deliver specialized community development financing and services through December 2028 directly and in partnership with...
The Progress Fund 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 the Progress Fund's ability to provide financial and technical assistance to communities and businesses economically impacted by COVID-19 through December 31, 2023. As the designated Community Development Financial Institution (CDFI) sub-awardee, the Progress Fund will...
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...
The Citizens National Bank of Meridian (CNBM) was awarded a $1.8 million Project Grant from the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) under the Community Development Financial Institutions Rapid Response Program (CDFI RRP). The funding will support CNBM's ability to respond to the economic impacts of the coronavirus pandemic by providing financial and technical assistance to underserved communities and populations between June 2021 and...
Pike 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. Under the two-year award concluding on December 31, 2023, Pike...
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...
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...
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...
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...