The Federal Deposit Insurance Corporation (FDIC)-insured First Community Bank NA 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). This grant is intended 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 distressed...
The Federal Deposit Insurance Corporation (FDIC) 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) to Commercial Capital Bank, a for-profit Subchapter S Corporation community bank. The grant funding is intended to support the bank's increased investments and activities in providing community development financing and services to economically distressed...
The Federal Deposit Insurance Corporation (FDIC)-insured Bank of St. Francisville received a $280,369 Bank Enterprise Award (BEA) Program grant from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund on September 19, 2024. This Project Grant, authorized under CFDA 21.021, is designed to incentivize the bank to increase investments and support for certified CDFIs as well as expand community development financing and service activities in economically...
The Federal Deposit Insurance Corporation (FDIC) awarded a $275,536 Project Grant to Southern Independent Bank, a certified Community Development Financial Institution (CDFI), under the U.S. Department of the Treasury's Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant funding is intended to support Southern Independent Bank's efforts to increase investments and financing activities in economically distressed communities within its service area. This includes providing technical...
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). This grant incentivizes FDIC-insured depository institutions to increase their investments and support for certified CDFIs, as well as expand their community development financing and service activities in the most economically distressed communities. The grant funds...
The Federal Deposit Insurance Corporation (FDIC)-insured Guaranty Bank Inc. 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's Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant supports the bank's increased investments and support of certified CDFIs, as well as its expanded community development financing and service activities in the most economically distressed...
The Federal Grant Award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Bank Enterprise Award (BEA) Program (CFDA 21.021) provides $280,369.00 to Commercial Bank & Trust Company, a for-profit Subchapter S corporation located in Monticello, Arkansas. The award period runs from September 19, 2024, to December 31, 2025. The funding supports Commercial Bank & Trust Company's efforts to increase investments and support for...
The Federal Deposit Insurance Corporation (FDIC)-insured First State Bank, Russellville, Arkansas, was awarded a $280,369 Bank Enterprise Award Program (CFDA 21.021) grant from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund. The grant was awarded on September 19, 2024 and is to be completed by December 31, 2025. The purpose of the grant is to incentivize the bank to increase its investments and support for certified CDFIs, as well as to expand...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $236,356 Bank Enterprise Award (CFDA 21.021) to Community Bank, a for-profit financial institution in Lexington, Tennessee. This Project Grant, awarded on September 19, 2024, supports Community Bank's efforts to increase investments and support for certified CDFIs, as well as expand community development financing and service activities in economically distressed communities. The funding...
The Bank of Commerce received a $280,369 federal Project Grant award from 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 funds will enable the bank, a certified CDFI, to increase its investments and support for other CDFIs and expand its community development financing and service activities in the most economically distressed communities. Specific initiatives include creating...