The Federal Deposit Insurance Corporation (FDIC)-insured Caldwell Bank & Trust Company received a $280,369 Bank Enterprise Award (CFDA 21.021) from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund. This Project Grant award is intended to support Caldwell Bank & Trust's increased investments and activities to provide financing, financial services, and technical assistance to residents and businesses in economically distressed communities, especially in response to the economic impacts of the COVID-19 pandemic. Specifically, the funding has enabled Caldwell Bank & Trust to expand its lending, investments, and services through certified Community Development Financial Institutions to increase capital access and promote economic development in underserved areas.
Generated 3/4/25, 5:57 AM