The Federal Deposit Insurance Corporation (FDIC)-insured Guaranty Bank Inc. received a $280,369 Project Grant award on September 19, 2024, through the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund's Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant supports the bank's increased investments and support of certified CDFIs, as well as its expanded community development financing and service activities in the most economically distressed...
The Federal Deposit Insurance Corporation (FDIC) awarded a $275,536 Project Grant to Southern Independent Bank, a certified Community Development Financial Institution (CDFI), under the U.S. Department of the Treasury's Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant funding is intended to support Southern Independent Bank's efforts to increase investments and financing activities in economically distressed communities within its service area. This includes providing technical...
The Federal Deposit Insurance Corporation (FDIC)-insured First Community Bank NA was awarded a $280,369 Project Grant by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Bank Enterprise Award (BEA) Program (CFDA 21.021). This grant is intended to incentivize the bank to increase its investments and support for certified CDFIs, as well as expand its community development financing and service activities in the most economically distressed...
The Federal Deposit Insurance Corporation (FDIC) awarded a $280,369 Project Grant under the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund Bank Enterprise Award (BEA) Program (CFDA 21.021) to Commercial Capital Bank, a for-profit Subchapter S Corporation community bank. The grant funding is intended to support the bank's increased investments and activities in providing community development financing and services to economically distressed...
The Federal Deposit Insurance Corporation (FDIC)-insured Bank of St. Francisville received a $280,369 Bank Enterprise Award (BEA) Program grant from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund on September 19, 2024. This Project Grant, authorized under CFDA 21.021, is designed to incentivize the bank to increase investments and support for certified CDFIs as well as expand community development financing and service activities in economically...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to Bankfirst Financial Services under the Bank Enterprise Award (BEA) Program (CFDA 21.021) on September 19, 2024. The grant will enable Bankfirst Financial Services, a for-profit community development financial institution based in Macon, Mississippi, to increase investments in certified CDFIs and expand community development financing and service activities in the...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to First State Bank and Trust Company, Inc. under the Bank Enterprise Award (BEA) Program (CFDA 21.021). This grant incentivizes FDIC-insured depository institutions to increase their investments and support for certified CDFIs, as well as expand their community development financing and service activities in the most economically distressed communities. The grant funds...
The Federal Deposit Insurance Corporation (FDIC) awarded a $179,472 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to Commercial Bank & Trust Company, a certified Community Development Financial Institution (CDFI) based in Paris, Tennessee. The award, made on September 19, 2024, supports the bank's efforts to increase investments and expand community development financing and service activities in the most economically distressed communities. Specifically, the...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $149,517 Project Grant to Decatur County Bank Inc. under the Bank Enterprise Award (BEA) Program (CFDA 21.021) on September 19, 2024. The grant supports the bank's efforts to increase investments and expand community development financing and service activities in economically distressed communities. Specifically, the funding will enable Decatur County Bank Inc., a for-profit Subchapter S...
The Bank of Commerce received a $280,369 federal Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant funds will enable the bank, a certified CDFI, to increase its investments and support for other CDFIs and expand its community development financing and service activities in the most economically distressed communities. Specific initiatives include creating...