This $280,369 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 Insouth Bank in increasing its investments and support for certified Community Development Financial Institutions (CDFIs). Specifically, the funding enables Insouth Bank to expand lending, make grants, increase investment activities, build organizational capacity, and deliver financial...
This Project Grant award of $280,369 from 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 the Community Bank of the Bay in increasing its investments and support to certified Community Development Financial Institutions (CDFIs), as well as expanding its lending, investing, and service-related activities in the most economically distressed communities. The award, granted on...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $163,012 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to Southern Bancorp Bank on September 19, 2024. The BEA Program provides monetary awards to FDIC-insured depository institutions that demonstrate increases in their investments and support to certified CDFIs or their lending, investing, and service-related 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 on September 19, 2024 to First Southern Bank under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The BEA Program provides monetary awards to FDIC-insured depository institutions that demonstrate increases in their investments and support to certified Community Development Financial Institutions (CDFIs), or their lending, investing, and service-related...
This federal Project Grant award of $280,369 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund through the Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant supports Beneficial State Bank, a for-profit community development bank based in Oakland, California, to increase its investments and support for certified CDFIs, as well as expand its lending, investing, and service-related activities in the most economically distressed...
This Project Grant award of $280,369, 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 River Bank & Trust's efforts to increase investments and support for certified Community Development Financial Institutions (CDFIs) as well as expand lending, investing, and service-related activities in economically distressed communities. The planned activities include providing...
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 FBT Bank & Mortgage, a federally insured depository institution certified as a CDFI. The grant supports the bank's efforts to increase investments and support for other certified CDFIs, as well as expand lending, investing, and service-related activities in the most economically distressed communities....
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $275,536 Project Grant on September 19, 2024 to Southern Independent Bank, a for-profit FDIC-insured depository institution, under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The BEA Program provides monetary awards to banks and thrifts that demonstrate increases in their investments and support to certified Community Development Financial Institutions (CDFIs), or their lending,...
The federal Project Grant award of $280,369, 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 First General Bank's community development initiatives. The funding enables the bank, a minority-owned for-profit organization, to expand its investments and support for certified CDFIs, as well as increase its lending, investing, and service-related activities in...
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, such as banks and thrifts, that demonstrate increases in their investments and support to certified CDFIs or in their lending, investing, or service-related activities in the most...