Project Grant 241BE066315G

Award Date 9/19/24
Completion Date 12/31/25
Dollars Obligated $280K
Federal Grant Program
21.021
Assistance Type
Project Grant
Place of Performance
United States
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The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Bank Enterprise Award (BEA) Program grant to Guaranty Bank & Trust Company of Delhi on September 19, 2024. The BEA Program provides monetary awards to FDIC-insured depository institutions that demonstrate increased investments in certified Community Development Financial Institutions (CDFIs) and expanded lending, investing, and service activities in economically distressed communities.

Through this grant, Guaranty Bank & Trust Company of Delhi will increase its investments and support to certified CDFIs, as well as expand its lending, investing, and service-related activities in the most economically distressed communities it serves. The expected outcomes include demonstrated increased investments and support to certified CDFIs or in the recipient's lending, investing, or service-related activities in the most economically distressed communities.

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