Project Grant 231BE063477G

The Federal Deposit Insurance Corporation (FDIC) awarded a $280,369 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to First Community Bank NA. The award 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 certified Community Development Financial Institutions (CDFIs). The goal is to incentivize financial institutions to expand...

The Federal Deposit Insurance Corporation (FDIC)-insured South Lafourche Bank & Trust Company was awarded a $280,369 Project Grant on September 19, 2024, 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 supports the bank's increased investments and support for certified CDFIs, as well as its expanded community development financing and service activities in the most economically...

The Federal Deposit Insurance Corporation (FDIC)-insured Anstaff Bank (doing business as First National Bank) was awarded a $259,200 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 funding will support the bank's increased investments and activities to provide community development financing and services in economically distressed communities. Eligible activities...

The Federal Deposit Insurance Corporation (FDIC)-insured First State Bank and Trust Company, Inc. 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 is intended to support the bank's increased investments and activities to bolster Community Development Financial Institutions (CDFIs) and expand community development financing and services in...

The Federal Deposit Insurance Corporation (FDIC)-insured Field & Main Bank, Inc. received a $167,877 Project Grant award 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 will support the bank's increased investments and activities to support certified CDFIs and expand community development financing and services in the most economically distressed communities it serves. Eligible...

The Federal Deposit Insurance Corporation (FDIC)-insured FNB Bank, Incorporated received a $176,040 Project Grant award 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 purpose of the award is 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)-insured Peoples Bank of Greensboro 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 Bank Enterprise Award (BEA) Program (CFDA 21.021). This funding will enable the bank to increase its investments and support for certified CDFIs, as well as expand community development financing and service activities in the most economically...

The Federal Deposit Insurance Corporation (FDIC)-insured Commercial Bank of Ozark received a $238,550 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 supports the bank's increased investments and expanded community development financing and service activities in economically distressed communities. Eligible activities include technical assistance, affordable housing...

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 grant was awarded on September 19, 2024, to First State Bank, Russellville, Arkansas (doing business as Marine Bank), a for-profit organization. The funding supports the bank's increased investments and support of certified Community Development Financial Institutions (CDFIs), as well as...

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $163,012 Bank Enterprise Award (BEA) Program grant to Southern Bancorp Bank, a for-profit CDFI, on September 19, 2024. The BEA Program provides funding to FDIC-insured depository institutions that increase their investments and support for certified CDFIs, as well as expand their community development financing and service activities in economically distressed communities. Through this grant,...