The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Bank Enterprise Award (CFDA 21.021) to Riverhills Bank, a certified CDFI, to support increased investments and community development financing and service activities in economically distressed communities. The grant funding enables Riverhills Bank to provide targeted financial products and services, including affordable small business loans, technical assistance, and loan loss...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Bank Enterprise Award (CFDA #21.021) to The First Bank, a certified CDFI, on September 19, 2024. This Project Grant supports The First Bank's efforts to increase its investments in and support for other CDFIs, as well as expand its community development financing and service activities in the most economically distressed communities. The funding enables The First Bank to deliver a...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded a $3.72 million Project Grant to River Bank & Trust through the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The award will support River Bank & Trust's efforts to expand lending, grant making, and investment activity in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic through December...
The $280,369 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), was provided to First National Bank And Trust, a Community Development Financial Institution (CDFI) located in Atmore, Alabama. The funding supports the bank's efforts to increase investments and support for certified CDFIs, as well as expand its community development financing and service activities...
This $280,369 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), supports Commercial Bank & Trust Company's efforts to increase investments and support for certified Community Development Financial Institutions (CDFIs). The funding will enable the bank to expand its 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 Farmers Bank and Trust Company, a certified CDFI, a $280,369 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The funding is intended to support the bank's efforts to increase investments and activities to assist economically distressed communities, including through technical assistance, affordable housing financing, small business support, and developing tailored...
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). The BEA Program provides monetary awards to FDIC-insured depository institutions that demonstrate increased investments and support for certified Community Development Financial Institutions (CDFIs). The funding is intended to incentivize financial institutions to...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to Citizens Bank under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant funding supports Citizens Bank, an FDIC-insured depository institution, in increasing its investments and support for certified Community Development Financial Institutions (CDFIs). The bank will use the grant to expand its community development financing and service activities in...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $127,638 Project Grant to Franklin State Bank & Trust Company under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The funding will support the bank's investments and activities to increase community development financing and services in economically distressed communities. Specifically, the grant will enable Franklin State Bank & Trust, a certified CDFI, to provide...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Bank Enterprise Award (CFDA 21.021) grant to Delta Bank, a for-profit Subchapter S Corporation headquartered in Vidalia, Louisiana. The grant supports Delta Bank's efforts to increase investments and expand community development financing and service activities within economically distressed communities. Specifically, the funding enables Delta Bank to provide targeted financial...