The federal Project Grant award of $163,012 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 grant was awarded to Southern Bancorp Bank, a for-profit CDFI, on September 19, 2024, to support increased investments and community development financing activities in economically distressed communities. The funding enables Southern Bancorp Bank to expand lending, offer...
The federal Project Grant award of $280,369, 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), supports River Bank & Trust's efforts to increase investments and support for certified CDFIs. The funds will enable the bank to expand community development financing and service activities in economically distressed communities, including providing technical assistance, affordable...
This federal Project Grant award, valued at $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 made to FBT Bank & Mortgage, a for-profit CDFI that provides banking and financial services to economically distressed communities. The grant funding supports FBT Bank & Mortgage's efforts to increase investments in certified CDFIs and expand its...
The Federal Grant Award, with ID 241BE066397G, 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 $280,369 Project Grant was awarded to Partners Bank, a for-profit Community Development Financial Institution (CDFI) headquartered in Helena, Arkansas. The purpose of the BEA Program is to incentivize FDIC-insured depository institutions to increase their investments and...
The Federal Grant Award with ID 241BE066364G 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 $236,356 award, granted on September 19, 2024, supports the recipient, Community Bank, a for-profit financial institution located in Lexington, Tennessee, to increase its investments and support for certified CDFIs, as well as expand its community development financing and...
The Federal Grant Award in the amount 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 Bankplus, a for-profit community bank headquartered in Belzoni, Mississippi, on September 19, 2024, with a project period running through December 31, 2025. The purpose of the BEA Program is to incentivize FDIC-insured depository institutions, such as...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $102,959 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to Wayne County Bank, a for-profit financial institution located in Waynesboro, Tennessee. The BEA Program incentivizes FDIC-insured banks to increase their investments and support of certified CDFIs, as well as expand their community development financing and service activities in economically distressed...
The Bank of Moundville received a $280,369 Project Grant award on September 19, 2024, from 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 grant funding enables the bank, which is a Community Development Financial Institution (CDFI), to increase its investments and support for other CDFIs, as well as expand its community development financing and service activities in the most...
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 grant is intended to incentivize the awardee, CLB The Community Bank, a certified CDFI, to increase its investments and support for other CDFIs as well as expand its community development financing and service activities in the most economically distressed communities....
The Federal Grant Award ID 241BE066379G 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 $280,369 award supports First State Bank, Russellville, Arkansas (doing business as Marine Bank) in increasing its investments and support of certified CDFIs, as well as expanding its community development financing and service activities in economically distressed communities. The...