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). 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 funding is intended to incentivize financial institutions to...
The Bank of Brookhaven, a certified Community Development Financial Institution (CDFI), was awarded a $236,525 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 funding will support the bank's efforts to increase investments and community development financing and service activities in the most economically distressed communities within its service...
This $176,400 Project Grant was 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). The grant provides funding to The First National Bank of Commerce, a for-profit Subchapter S Corporation, to increase investments and support for certified Community Development Financial Institutions (CDFIs) and expand community development financing and service activities in...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to Partners Bank under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant is intended to support Partners Bank, a Community Development Financial Institution (CDFI), in increasing its investments and activities that provide community development financing and services in economically distressed communities. Key products and services to be delivered through...
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 award was granted to FNB Picayune Bank, a certified CDFI located in Picayune, Mississippi, on September 19, 2024, with a project period ending on December 31, 2025. The BEA Program provides monetary awards to FDIC-insured depository institutions that demonstrate increased investments and...
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 State Bank, a for-profit banking institution in Waynesboro, Mississippi. The grant is intended to support First State Bank's increased investments and activities in certified CDFIs, as well as its expanded community development financing and service offerings in the most economically distressed communities....
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to Washington State Bank under the Bank Enterprise Award (BEA) Program (CFDA 21.021) on September 19, 2024. The grant is intended to incentivize the bank to increase its investments and support for certified Community Development Financial Institutions (CDFIs) and expand its community development financing and service activities in the most economically distressed...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $275,536 Project Grant to Southern Independent Bank under the Bank Enterprise Award (BEA) Program (CFDA 21.021). This grant supports the bank's increased investments and community development financing activities in economically distressed areas. The funding enables Southern Independent Bank, a certified CDFI, to expand its lending to small businesses, provide affordable housing financing,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $236,356 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to Community Bank, a for-profit financial institution located in Lexington, Tennessee. This grant, awarded on September 19, 2024, supports Community Bank's efforts to increase its investments and support for certified CDFIs, as well as expand its community development financing and service activities in the...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to Community Bank of the Bay, a for-profit community development corporation, under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant funding is intended to support the bank's increased investments and financial services in low- to moderate-income and minority communities, particularly in economically distressed areas. The grant will enable Community Bank...