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...
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...
The Citizens Bank was awarded a $6,197,097 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to expand lending, grant-making, and investment activities through December 31, 2028. The CDFI ERP aims to support Community Development Financial Institutions in responding to the economic impacts of the COVID-19 pandemic by providing assistance to low- and moderate-income communities disproportionately affected by the...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to Citizens Progressive Bank, a for-profit Subchapter S Corporation community bank located in Columbia, Louisiana. The grant funding supports Citizens Progressive Bank's efforts to increase investments and support for certified CDFIs, as well as expand the bank's community development financing and service...
Citizens Bank & Trust received a $4,957,678 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant funding will support the bank's efforts to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic through December 2028. As a...
The Department of the Treasury Community Development Financial Institutions Fund (CDFI Fund) awarded a $1,735,187 Project Grant to Citizens Bank & Trust Company under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support Citizens Bank in expanding lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Funding will also enable...
Planters Bank & Trust Company received a $6.2 million project grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to expand lending, grant-making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Awarded on April 10, 2023, the grant will support Planters Bank in providing $6.2M in capital and financial services to underserved borrowers and...
The First Bank received a $6.2 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to provide lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. The grant aims to expand The First Bank's capital access and financial services for underserved borrowers and communities through December 2028. As a designated Community...
Citizens Bank & Trust was awarded a $1,826,265 Project Grant from the Department of the Treasury Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant will support Citizens Bank & Trust's ability to provide financial products and services to communities in need from June 2021 through December 2023 in response to the economic impacts of the coronavirus pandemic. Specifically, the...
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...