The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded The First National Bank of Jeanerette $3.7 million under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA 21.033) on April 10, 2023. The funding will support the bank's efforts to expand lending, grant making, and investment activity in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic through December 31,...
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 National Association City First Bank, a CDFI headquartered in Washington, DC. The grant funding enables the bank to expand its community development financing and service activities in economically distressed communities, with a focus on providing targeted financial products and services to low- and moderate-income...
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 The First Bank, a certified CDFI, on September 19, 2024. This Project Grant supports The First Bank's efforts to increase its investments in and support for other CDFIs, as well as expand its community development financing and service activities in the most economically distressed communities. The funding enables The First Bank to deliver a...
This $176,400 Project Grant was 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). The grant provides funding to The First National Bank of Commerce, a for-profit Subchapter S Corporation, to increase investments and support for certified Community Development Financial Institutions (CDFIs) and expand community development financing and service activities in...
This federal Project Grant award of $270,143 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 is intended to support Plaquemine Bank & Trust Company, a for-profit CDFI institution, in increasing its investments and community development financing and service activities in economically distressed communities. The bank plans to leverage the grant to expand...
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 FNB Picayune Bank, a certified CDFI located in Picayune, Mississippi, on September 19, 2024, with a project period ending on December 31, 2025. The BEA Program provides monetary awards to FDIC-insured depository institutions that demonstrate increased investments and...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $259,200 Project Grant through the Bank Enterprise Award (BEA) Program (CFDA 21.021) to Anstaff Bank, doing business as First National Bank, on September 19, 2024. The grant supports the bank's increased investments and support for certified CDFIs, as well as its expansion of community development financing and service activities in economically distressed communities. Eligible activities...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $176,040 Project Grant through the Bank Enterprise Award (BEA) Program (CFDA 21.021) to FNB Bank, Incorporated on September 19, 2024. The BEA Program provides monetary awards to FDIC-insured depository institutions that demonstrate increased investments and support for certified Community Development Financial Institutions (CDFIs). The grant funding will enable FNB Bank to expand its...
The $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 (CFDA 21.021), was provided to First National Bank And Trust, a Community Development Financial Institution (CDFI) located in Atmore, Alabama. The funding supports the bank's efforts to increase investments and support for certified CDFIs, as well as expand its community development financing and service activities...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to First State Bank and Trust Company, Inc. 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 for certified Community Development Financial Institutions (CDFIs). The funding is intended to incentivize financial institutions to...