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 $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 $280,369 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 funding supports the awardee, Community Bank of the Bay, a for-profit community development corporation located in Oakland, California, to increase its investments and support for certified CDFIs, as well as expand its community development financing and service activities in the...
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 U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to Bankfirst Financial Services under the Bank Enterprise Award (BEA) Program (CFDA 21.021) on September 19, 2024. The grant will enable Bankfirst Financial Services, a for-profit community development financial institution based in Macon, Mississippi, to increase investments in certified CDFIs and expand community development financing and service activities in the...
The Federal 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 award was granted to CLB The Community Bank, a for-profit Subchapter S corporation and certified CDFI located in Jonesville, Louisiana. The funding supports the bank's efforts to increase investments and support for CDFIs, as well as expand its community development financing and...
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...
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 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 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...