Farmers Bank and Trust Company received a $4.96 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to expand economic assistance to communities disproportionately impacted by COVID-19 through December 31, 2028. Specifically, the funding will allow Farmers Bank to provide increased lending, grant making, and investments in low- and moderate-income communities as well as underserved borrowers through 2028. As a certified Community Development Financial Institution, Farmers Bank will use the grant funds to support its mission of expanding economic opportunity in economically distressed areas.
Generated 2/6/24, 3:57 AM