Project Grant 241BE066343G

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
美国
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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 Citizens Progressive Bank, a for-profit Subchapter S Corporation community bank located in Columbia, Louisiana. The grant funding supports Citizens Progressive Bank's efforts to increase investments and support for certified CDFIs, as well as expand the bank's community development financing and service...
The Federal Grant Award ID 241BE066376G was awarded 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 project grant is intended to provide monetary awards to the First National Bank of Clarksdale, a for-profit organization, for increasing its investments and support of certified Community Development Financial Institutions (CDFIs) and expanding its community development...
The Federal Grant Award, ID 241BE066365G, 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 $262,106 award was granted to Community Bank of Mississippi on September 19, 2024, to increase their investments and support for certified CDFIs and expand community development financing and service activities in the most economically distressed communities. The BEA Program aims...
The federal Project Grant award in the amount 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 aims to incentivize FDIC-insured depository institutions, such as First Community Bank NA, to increase their investments and support for certified CDFIs, as well as expand their community development financing and service activities in the most economically...
The Federal Grant Award, with ID 241BE066306G, is a $180,000 Project Grant awarded 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 was awarded on September 19, 2024, with a project period running through December 31, 2025. The purpose of the BEA Program is to provide monetary awards to FDIC-insured depository institutions that demonstrate increased investments and support...
This federal Project Grant award of $176,400.00 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 award supports the recipient, The First National Bank of Commerce, in increasing its investments and support of certified CDFIs, as well as expanding its community development financing and service activities in the most economically distressed communities. Eligible...
The Federal Grant Award, ID 241BE066324G, 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 award was granted to Peoples Bank, a for-profit Subchapter S Corporation and Community Development Financial Institution located in Mendenhall, Mississippi. The funding supports Peoples Bank's initiatives to increase investments and support for certified CDFIs, as well...
The Federal Grant Award of $242,879 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 funding supports Winnsboro State Bank & Trust Company, a for-profit Subchapter S Corporation located in Winnsboro, Louisiana, in increasing its investments and support for certified CDFIs, as well as expanding its community development financing and service activities in the most...
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 First National Bank And Trust, a CDFI-certified for-profit Subchapter S Corporation located in Atmore, Alabama, on September 19, 2024, with a project period ending on December 31, 2025. The purpose of this Project Grant is to support First National Bank And Trust's...
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The Federal Grant Award, with ID 241BE066343G, 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 Project Grant was awarded on September 19, 2024, to Progressive National Bank, a for-profit Subchapter S Corporation located in Mansfield, Louisiana.

The purpose of the BEA Program is to incentivize FDIC-insured depository institutions to increase their investments and support for certified CDFIs, as well as to expand their community development financing and service activities in the most economically distressed communities. Through this award, Progressive National Bank will use the funds to provide targeted assistance, including loans, equity investments, deposits, and grants to CDFIs, as well as direct lending, investing, and counseling programs for low-income residents and small businesses in economically distressed areas. The bank's activities are focused on delivering financial support and services to communities facing significant economic challenges, with a strong emphasis on localized economic development and recovery initiatives.

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