Project Grant 231BE063465G

The Federal Deposit Insurance Corporation (FDIC)-insured Commercial Bank of Ozark received a $238,550 Project Grant award on September 19, 2024, 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 aims 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...

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 and Trust Company, Inc. The grant aims to incentivize the bank to increase its investments in and support for certified Community Development Financial Institutions (CDFIs) and expand its community development financing and service activities in economically distressed communities. Eligible activities include technical assistance,...

The Federal Deposit Insurance Corporation (FDIC)-insured Priorityone Bank received a $213,696 Project Grant award on September 19, 2024, 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 supports Priorityone Bank's efforts to increase investments and support for certified CDFIs, as well as expand its community development financing and service activities in economically distressed...

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to First State Bank under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant is intended to incentivize the bank to increase its investments in certified CDFIs and expand its community development financing and service activities in the most economically distressed communities. Specifically, the funding will support the bank's efforts to provide...

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $176,040 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to FNB Bank, Incorporated on September 19, 2024. The BEA Program provides monetary awards to FDIC-insured depository institutions that demonstrate increased investments and support for certified CDFIs, with the goal of expanding community development financing and service activities in economically distressed...

The Federal Deposit Insurance Corporation (FDIC)-insured First State Bank, Russellville, Arkansas was 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). The grant was awarded on September 19, 2024 and the project will be completed by December 31, 2025. The purpose of the BEA Program is to incentivize FDIC-insured depository institutions to increase their...

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to FNB Picayune Bank, a certified CDFI, under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant period is from September 19, 2024, to December 31, 2025. The BEA Program provides monetary awards to FDIC-insured depository institutions that demonstrate increased investments and support for CDFIs, as well as expanded community development financing and...

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $262,106 Project Grant to Community Bank of Mississippi under the Bank Enterprise Award (BEA) Program (CFDA 21.021). This grant supports the bank's increased investments and activities to assist certified Community Development Financial Institutions (CDFIs) and expand community development financing and service offerings in economically distressed communities. Eligible activities include...

The $280,369 Bank Enterprise Award (BEA) Program grant awarded by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund to Insouth Bank on September 19, 2024 supports the bank's efforts to increase investments and services for certified CDFIs. Specifically, the grant enables Insouth Bank to expand lending capabilities, make grants, increase investment activities, build organizational capacity, and deliver financial resources to minorities and businesses...

The Federal Deposit Insurance Corporation (FDIC) awarded a $280,369 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to Bankplus, a for-profit community bank headquartered in Belzoni, Mississippi. This grant, awarded on September 19, 2024, with a completion date of December 31, 2025, is intended to support Bankplus' efforts to increase investments and services to certified Community Development Financial Institutions (CDFIs) and expand community development financing...