The Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $179,472 Project Grant to Commercial Bank & Trust Company under the Bank Enterprise Award (BEA) Program (CFDA 21.021). This grant supports the bank's efforts to increase investments and provide technical assistance to certified Community Development Financial Institutions (CDFIs), as well as expand lending, investing, and service-related activities in the most economically distressed...
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 CLB The Community Bank, a certified CDFI located in Jonesville, Louisiana. The BEA Program provides monetary awards to FDIC-insured depository institutions that demonstrate increased investments in CDFIs and expanded lending, investing, and service activities in economically distressed communities. This...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $181,766 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to Bank of Commerce & Trust Co. on September 19, 2024. The grant supports the bank's increased investments and support to certified Community Development Financial Institutions (CDFIs), as well as expanded lending, investing, and service activities in economically distressed communities. The expected...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to Commercial Bank & Trust Company 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 in certified Community Development Financial Institutions (CDFIs) or expanded lending, investing, and service activities in economically distressed...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to South Lafourche Bank & Trust Company on September 19, 2024 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 to certified Community Development Financial Institutions (CDFIs), or increased lending, investing, and...
The federal Project Grant award, funded 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), provides $224,373.00 to Feliciana Bank & Trust Company. The award, dated September 19, 2024, supports the 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...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Bank Enterprise Award (CFDA 21.021) to Planters Bank & Trust Company on September 19, 2024. The grant supports the bank's investments and activities to increase lending, investments, and services in economically distressed communities, as well as provide financial assistance and technical support to certified Community Development Financial Institutions (CDFIs). Key objectives...
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 United Community Bank, a for-profit Subchapter S Corporation located in Raceland, Louisiana. This grant aims to support the bank's increased investments and activities in certified Community Development Financial Institutions (CDFIs) and expanded lending, investing, and service-related initiatives in the most economically...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $176,040 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to FNB Bank, Incorporated on September 19, 2024. The grant will support the bank's increased investments and support for certified Community Development Financial Institutions (CDFIs) and expanded lending, investing, and service activities in economically distressed communities. Expected outcomes include...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $200,678 Project Grant through the Bank Enterprise Award (BEA) Program to Citizens Bank & Trust, a for-profit FDIC-insured depository institution, on September 19, 2024. The BEA Program provides monetary awards to banks and thrifts that demonstrate increases in their investments and support to certified CDFIs, or their lending, investing, and service-related activities in economically...