The Federal Deposit Insurance Corporation (FDIC) awarded a $280,369 Project Grant under the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund Bank Enterprise Award (BEA) Program (CFDA 21.021) to Commercial Capital Bank, a for-profit Subchapter S Corporation community bank. The grant funding is intended to support the bank's increased investments and activities in providing community development financing and services to economically distressed...
The Federal Deposit Insurance Corporation (FDIC)-insured Guaranty Bank Inc. received a $280,369 Project Grant award on September 19, 2024, through the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund's Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant supports the bank's increased investments and support of certified CDFIs, as well as its expanded community development financing and service activities in the most economically distressed...
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). This grant incentivizes FDIC-insured depository institutions to increase their investments and support for certified CDFIs, as well as expand their community development financing and service activities in the most economically distressed communities. The grant funds...
The Federal Deposit Insurance Corporation (FDIC) awarded a $275,536 Project Grant to Southern Independent Bank, a certified Community Development Financial Institution (CDFI), under the U.S. Department of the Treasury's Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant funding is intended to support Southern Independent Bank's efforts to increase investments and financing activities in economically distressed communities within its service area. This includes providing technical...
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...
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...
The Federal Deposit Insurance Corporation (FDIC)-insured Bank of St. Francisville received a $280,369 Bank Enterprise Award (BEA) Program grant from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund on September 19, 2024. This Project Grant, authorized under CFDA 21.021, is designed to incentivize the bank to increase investments and support for certified CDFIs as well as expand community development financing and service activities in economically...
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 supports FDIC-insured Riverhills Bank, a certified CDFI, in increasing its investments and support for other CDFIs, as well as expanding its community development financing and service activities in the most economically distressed communities. Specifically, the grant...
This $176,040 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 grant aims to incentivize FDIC-insured depository institutions, such as FNB Bank, Inc., to increase their investments and support for certified CDFIs and expand community development financing and service activities in economically distressed communities. Eligible activities include...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $180,000 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to First National Bank USA. The funding is intended to incentivize the bank to increase its investments and support for certified CDFIs, as well as expand its community development financing and service activities in the most economically distressed communities. Eligible activities under the grant include...