This federal Project Grant award of $278,100.00 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 Community Development Financial Institutions (CDFIs), or increased lending, investing, and service-related...
The federal Project Grant award, with ID 241BE066398G, 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 $280,369 grant, awarded on September 19, 2024, supports Peoples Community Bank, a for-profit Subchapter S Corporation, in increasing its investments and support to certified Community Development Financial Institutions (CDFIs) and expanding its lending, investing,...
The federal Project Grant award, 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), delivers $262,106 to the Community Bank of Mississippi. The award supports the bank's increased investments and lending, investing, and service-related activities in the most economically distressed communities. Specifically, the funding incentivizes the bank to expand its support of certified...
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...
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...
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 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 Partners Bank, a for-profit FDIC-insured depository institution. The grant supports Partners Bank's increased investments and support to certified Community Development Financial Institutions (CDFIs), as well as the bank's expanded lending, investing, and service-related activities in the most economically...
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 $280,369 federal Project Grant award, 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), supports FNB Picayune Bank's efforts to increase investments and support for certified CDFIs, as well as expand lending, investing, and service-related activities in economically distressed communities. The award period runs from September 19, 2024, to December 31, 2025. As a certified...