The Federal Grant Award ID 241BE066312G, 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), provides $127,638.00 to Franklin State Bank & Trust Company, a certified Community Development Financial Institution (CDFI), to increase its investments and support of CDFIs and expand its community development financing and service activities in the most economically distressed...
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 made to Calhoun County Bank, Inc. on September 19, 2024, with a completion date of December 31, 2025. 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 expand their...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to American 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 for certified CDFIs, with the goal of expanding community development financing and service activities in economically...
The Bank of Commerce received a $280,369 federal 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). The grant funds will enable the bank, a certified CDFI, to increase its investments and support for other CDFIs and expand its community development financing and service activities in the most economically distressed communities. Specific initiatives include creating...
The Federal Grant Award, ID 241BE066347G, 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 $119,847 award was granted to South Georgia Banking Company, a for-profit financial institution and certified CDFI, on September 19, 2024. The purpose of the BEA Program is to incentivize FDIC-insured depository institutions to increase their investments and support of CDFIs, as...
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 made on September 19, 2024 to FNB Picayune Bank, a certified CDFI located in Picayune, Mississippi, to increase its investments and support for other CDFIs as well as expand its community development financing and service activities in economically distressed communities. The...
The $241,219 federal Project Grant 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) is supporting First Bank, a certified Community Development Financial Institution (CDFI), to increase its investments and support for other CDFIs. Specifically, the funding will enable First Bank to expand its community development financing and service activities in the...
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 under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The funding is intended to support the Washington State Bank, a for-profit Subchapter S Corporation, in increasing its investments and support for certified Community Development Financial Institutions (CDFIs). Specifically, the grant will enable the bank to expand its community...
This $280,369 Project Grant was awarded on September 19, 2024, 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 funding is provided to the First National Bank of Clarksdale, a for-profit community bank, to increase its investments and support of certified CDFIs, as well as expand its community development financing and service activities in the most economically distressed...
The $176,400 federal Project Grant award 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 will be used by The First National Bank of Commerce, a for-profit Subchapter S Corporation, to increase its investments and support for certified Community Development Financial Institutions (CDFIs) and expand its community development financing and service activities in the...