This $280,369 Project Grant awarded on September 19, 2024 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) supports a commercial bank's efforts to increase investments and support for certified Community Development Financial Institutions (CDFIs), as well as expand lending, investing, and service activities in economically distressed communities. The funding will enable the bank to...
This Project 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 purpose of the BEA Program is to provide monetary awards to FDIC-insured depository institutions, such as banks and thrifts, that demonstrate increased investments and support to certified Community Development Financial Institutions (CDFIs) or expanded lending, investing, and service...
This federal Project 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 funding supports Security Federal Bank, a for-profit financial institution, in increasing its investments and support to certified Community Development Financial Institutions (CDFIs) as well as expanding its lending, investing, and service-related activities in the most...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant under the Bank Enterprise Award (BEA) Program to First Security Bank, Mississippi on September 19, 2024. The BEA Program provides monetary awards to FDIC-insured depository institutions that demonstrate increased investments in certified CDFIs or expanded lending, investing, and service activities in economically distressed communities. Through this grant, First...
The federal Project 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 supports Golden Bank National Association, a minority-owned, for-profit financial institution, in increasing its investments and support to certified Community Development Financial Institutions (CDFIs) as well as expanding its lending, investing, and service-related...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to Bank of Commerce on Sep 19, 2024. The grant supports the bank's efforts to increase investments in certified CDFIs and expand lending, investing, and service activities in economically distressed communities. Planned activities include providing financial and technical assistance to CDFIs through equity...
The federal Project 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 purpose of the BEA Program is to provide monetary awards to FDIC-insured depository institutions that demonstrate increased investments and support to certified CDFIs, or expanded lending, investing, and service activities in economically distressed communities. Through this...
This $280,369 Project Grant award under the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund's Bank Enterprise Award (BEA) Program, awarded on September 19, 2024, provides monetary incentives to the American Bank & Trust Company, an FDIC-insured depository institution, for increasing its investments and support to certified Community Development Financial Institutions (CDFIs) as well as expanding its lending, investing, and service-related activities...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $181,766 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to Bank of Commerce & Trust Co. on September 19, 2024. The grant supports the bank's increased investments and support to certified Community Development Financial Institutions (CDFIs), as well as expanded lending, investing, and service activities in economically distressed communities. The expected...
This Project 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 supports FDIC-insured depository institution Citizens Bank in increasing its investments and support for certified CDFIs, as well as expanding its lending, investing, and service activities in economically distressed communities. Specifically, the funding enables Citizens Bank...