This $400,000 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund will support Security Bank and Trust Company's provision of financial products, financial services, development services, loan loss reserves, and capital reserves to eligible markets and target populations as defined in 12 C.F.R. 1805. The funding assists the awardee in building its financial capacity to lend to low-income communities and individuals who lack adequate...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $660,000 under the Community Development Financial Institutions Program (CFDA 21.020) to Security Federal Corporation. This three-year Project Grant will support the Fund's mission to promote economic revitalization and community development through investment in and assistance to certified Community Development Financial Institutions. Specifically, the funding will build the capacity of Security Federal...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $835,000 Project Grant to C B & T Bancshares Inc. on Sep 26, 2024. This grant, provided under the CFDA program 21.020 Community Development Financial Institutions Program, aims to empower native CDFIs to create jobs, build businesses, and foster economic self-determination in native communities nationwide. The grant will fund monetary awards and training opportunities to help C B &...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $425,000 under the Community Development Financial Institutions Program (CFDA 21.020) to Southeast First National Bank through December 2026. This Project Grant aims to promote economic revitalization and community development by building the capacity of certified Community Development Financial Institutions. Through monetary awards and training opportunities, the funding will empower Southeast First...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $835,000 Project Grant to the Southeast Arkansas Bank Corporation on September 26, 2024. This grant, provided under the CFDA 21.020 Community Development Financial Institutions Program, will enable the bank to offer financial products, financial services, development services, loan loss reserves, and capital reserves to low-income individuals and communities in the United States through...
The Community Development Financial Institutions Fund within the Department of the Treasury awarded Security Capital Corporation $701,530 under the Community Development Financial Institutions Program (CFDA 21.020) to promote economic revitalization and community development through December 2024. The Project Grant funding will support financial products, financial services, development services, loan loss reserves, and capital reserves to build Security Capital Corporation's capacity to lend to...
This $125,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund will support technical assistance activities through September 2026. Under the Community Development Financial Institutions Program (CFDA 21.020), First State Bancorp Inc. dba First State Bank will build the organizational capacity of certified and emerging Community Development Financial Institutions. They will provide services such as professional expertise, training, and...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $717,900 under the Community Development Financial Institutions Program (CFDA 21.020) to South Georgia Bank Holding Company through December 2026. This Project Grant aims to promote economic revitalization and community development by providing monetary awards and training opportunities to certified and emerging Community Development Financial Institutions. Specifically, the funding will support South...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $241,431 Project Grant to Security Bancshares, Inc. through the Small Dollar Loan Program (CFDA 21.025). The grant is intended to enable Security Bancshares, a certified CDFI, to establish and maintain small business loan programs. Specifically, the funding supports the creation of loan loss reserves and provision of technical assistance to provide affordable small dollar loan alternatives to...
The Department of the Treasury's Community Development Financial Institutions Fund awarded $740,000 to Southern Security through the Community Development Financial Institutions Program (CFDA 21.020) on February 28, 2023 for a project grant completion date of December 31, 2026. This funding will support Southern Security's work to promote economic revitalization and community development in underserved areas through 2026. As a certified Community Development Financial Institution, Southern...