Project Grant 231BE063462G

The Federal Deposit Insurance Corporation (FDIC) awarded a $238,550 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to Commercial Bank Of Ozark. The grant aims to incentivize the bank to increase its investments and support for certified Community Development Financial Institutions (CDFIs) and expand its community development financing and service activities in the most economically distressed communities. The project period runs from September 19, 2024, to December 31,...

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). The BEA Program provides monetary awards to FDIC-insured depository institutions that demonstrate increased investments and support for certified Community Development Financial Institutions (CDFIs). The funding is intended to incentivize financial institutions to...

The Federal Deposit Insurance Corporation (FDIC)-insured American Bank & Trust Company was awarded a $280,369 Project Grant under 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 funds will support the bank's increased investments and activities in providing community development financing and services to economically distressed communities. Eligible activities include technical...

The Federal Deposit Insurance Corporation (FDIC) awarded a $280,369 Project Grant on September 19, 2024, under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to Exchange Bank and Trust Co, a for-profit Subchapter S corporation certified as a Community Development Financial Institution (CDFI). The grant funding will enable Exchange Bank and Trust Co to increase its investments and support of CDFIs, as well as expand its community development financing and service activities in the most...

The Federal Deposit Insurance Corporation (FDIC) awarded a $280,369 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to First National Bank of Clarksdale. The grant aims to incentivize the bank to increase its investments and support for certified Community Development Financial Institutions (CDFIs) and expand its community development financing and service activities in the most economically distressed communities. Eligible activities under the grant include technical...

The Federal Deposit Insurance Corporation (FDIC) awarded a $280,369 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to First State Bank, Russellville, Arkansas (doing business as Marine Bank) on September 19, 2024. The grant funding is intended to incentivize FDIC-insured depository institutions to increase their investments and support for certified Community Development Financial Institutions (CDFIs) and expand their community development financing and service...

The Federal Deposit Insurance Corporation (FDIC)-insured Whitesville State Bank received a $256,996 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). The grant is intended to support the bank's increased investments in and activities with certified CDFIs, as well as its expanded community development financing and service activities in the most economically distressed...

The Federal Deposit Insurance Corporation (FDIC)-insured Guaranty Bank Inc. 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). The grant is intended to support Guaranty Bank Inc.'s increased investments and support of CDFIs, as well as its expanded community development financing and service activities in the most economically distressed communities....

The Federal Grant Award of $280,369 was provided 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). The award was granted to FNB Picayune Bank, a certified CDFI located in Picayune, Mississippi, on September 19, 2024, with a project period ending on December 31, 2025. The BEA Program provides monetary awards to FDIC-insured depository institutions that demonstrate increased investments and...

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to Partners Bank under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant is intended to support Partners Bank, a Community Development Financial Institution (CDFI), in increasing its investments and activities that provide community development financing and services in economically distressed communities. Key products and services to be delivered through...