Project Grant 241BE066410G

Award Date 9/19/24
Completion Date 12/31/25
Dollars Obligated $103K
Federal Grant Program
21.021
Assistance Type
Project Grant
Place of Performance
United States
Similar Awards
The 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 purpose of the BEA Program is to provide monetary awards to FDIC-insured depository institutions that demonstrate increased investments and support to certified CDFIs, or expanded lending, investing, and service activities in economically distressed communities. Through this...
The 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 purpose of the BEA Program is to provide monetary awards to FDIC-insured depository institutions that demonstrate increased investments and support to certified Community Development Financial Institutions (CDFIs), or increased lending, investing, and service-related activities...
The federal Project Grant award of $259,812 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 purpose of the BEA Program is to provide monetary awards to FDIC-insured depository institutions that demonstrate increased investments and support to certified Community Development Financial Institutions (CDFIs), or increased lending, investing, and service-related activities...
The 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 purpose of the BEA Program is to provide monetary awards to FDIC-insured depository institutions that demonstrate increased investments and support to certified Community Development Financial Institutions (CDFIs), or increased lending, investing, and service-related activities...
The federal Project Grant award, 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), delivers $262,106 to the Community Bank of Mississippi. The award supports the bank's increased investments and lending, investing, and service-related activities in the most economically distressed communities. Specifically, the funding incentivizes the bank to expand its support of certified...
The 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 purpose of the BEA Program is to provide monetary awards to FDIC-insured depository institutions that demonstrate increased investments and support to certified CDFIs or expanded lending, investing, and service activities in economically distressed communities. Through this...
The 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 supports Golden Bank National Association, a minority-owned, for-profit financial institution, in increasing its investments and support to certified Community Development Financial Institutions (CDFIs) as well as expanding its lending, investing, and service-related...
This federal Project Grant award of $278,100.00 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 purpose of the BEA Program is to provide monetary awards to FDIC-insured depository institutions that demonstrate increased investments and support to certified Community Development Financial Institutions (CDFIs), or increased lending, investing, and service-related...
The federal Project Grant award of $180,000.00 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), provides monetary awards to FDIC-insured depository institutions that demonstrate increased investments and support to certified Community Development Financial Institutions (CDFIs) or expanded lending, investing, and service activities in economically distressed communities. The award to...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to BNA Bank under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The purpose of the BEA Program is to provide monetary awards to FDIC-insured depository institutions that demonstrate increases in their investments and support to certified CDFIs, or their lending, investing, and service-related activities in the most economically distressed communities. Through...

The federal Project Grant award of $102,959 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 purpose of the BEA Program is to provide monetary awards to FDIC-insured depository institutions that demonstrate increases in their investments and support to certified Community Development Financial Institutions (CDFIs), or in their lending, investing, or service-related activities in the most economically distressed communities.

Through this award, the recipient, Wayne County Bank, a for-profit organization located in Waynesboro, Tennessee, will use the funds to expand its financial services and contribute to economic development in targeted, underserved areas. The award supports initiatives such as increased lending to minorities, providing financial assistance to low- or moderate-income communities, and building organizational capacity in response to economic challenges. The award period is from September 19, 2024, to December 31, 2025.

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