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 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 $176,400 Project Grant through the Bank Enterprise Award (BEA) Program (CFDA 21.021) to The First National Bank of Commerce on September 19, 2024. The purpose of the BEA Program is to provide 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,...
The Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $236,988 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to Bank of Sunset and Trust Company on September 19, 2024. 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...
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 First State Bank, Russellville, Arkansas (doing business as Marine Bank) on Sep 19, 2024. The BEA Program provides monetary awards to FDIC-insured depository institutions that demonstrate increased investments in certified Community Development Financial Institutions (CDFIs) and expanded lending,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $236,356 Project Grant to Community Bank on September 19, 2024 through 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 CDFIs or expanded lending, investing, and service activities in economically distressed communities. The grant supports Community Bank's...
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 under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to Bank of Commerce on Sep 19, 2024. The grant supports the bank's efforts to increase investments in certified CDFIs and expand lending, investing, and service activities in economically distressed communities. Planned activities include providing financial and technical assistance to CDFIs through equity...
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 $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...