The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to First State Bank under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant is intended to incentivize the bank to increase its investments in certified CDFIs and expand its community development financing and service activities in the most economically distressed communities. Specifically, the funding will support the bank's efforts to provide...
This $280,369 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 is intended to support increased investments and community development financing and service activities by First Community Bank NA in the most economically distressed communities. The goal of the BEA Program is to incentivize FDIC-insured depository institutions to expand their support for certified CDFIs and...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to American Bank & Trust Company on September 19, 2024 under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant aims to incentivize FDIC-insured depository institutions to increase their investments and support for certified CDFIs, as well as expand community development financing and service activities in economically distressed communities....
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, a certified CDFI, on September 19, 2024. The grant funding supports Bank of Commerce's efforts to increase investments in other CDFIs and expand its community development financing and service activities in the most economically distressed communities. Specifically, the grant enables the...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to Partners Bank through the Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant funding supports Partners Bank, a for-profit CDFI institution, in expanding its community development financing and service activities in economically distressed communities. Specifically, the grant enables Partners Bank to provide technical assistance, affordable housing...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $262,106 Project Grant to Community Bank of Mississippi under the Bank Enterprise Award (BEA) Program (CFDA 21.021). This grant supports the bank's increased investments and activities to assist certified Community Development Financial Institutions (CDFIs) and expand community development financing and service offerings in economically distressed communities. Eligible activities include...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to BNA Bank under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant aims to incentivize the bank, a certified CDFI, to increase its investments and support for community development activities in economically distressed areas. Specifically, the funding will enable BNA Bank to expand lending, provide technical assistance, and enhance financial services...
The Federal Grant Award of $241,219 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 supports First Bank, a for-profit Subchapter S Corporation and certified CDFI, in increasing its investments and support for other CDFIs, as well as expanding its community development financing and service activities in the most economically distressed communities. Specifically,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $181,766 Project Grant through the Bank Enterprise Award (BEA) Program to Bank of Commerce & Trust CO. The grant is intended to support the bank's increased investments and activities in certified Community Development Financial Institutions (CDFIs) and its expanded community development financing and service offerings in economically distressed communities. Specifically, the funding will...
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 grant supports Golden Bank National Association, a minority-owned, for-profit financial institution, in increasing its investments and support for certified Community Development Financial Institutions (CDFIs). Specifically, the funding enables Golden Bank to expand lending, investing,...