The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $241,219 Project Grant to First Bank, a for-profit, Subchapter S Corporation FDIC-insured depository institution, under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant aims to incentivize First Bank to increase its investments and support for certified Community Development Financial Institutions (CDFIs) and 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 $280,369 Project Grant to First Community Bank NA 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 under the Bank Enterprise Award (BEA) Program (CFDA 21.021). This grant is designed to incentivize FDIC-insured depository institutions to increase their investments in and support for certified CDFIs, as well as expand their community development financing and service activities in the most economically distressed communities. The funding will...
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 the awardee, National Association City First Bank, a for-profit Community Development Financial Institution (CDFI) based in Washington, D.C., to increase its investments and support of CDFIs as well as expand its community development financing and service...
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 Bankfirst Financial Services, a for-profit financial services organization based in Macon, Mississippi. The award, which has a project period from September 19, 2024, to December 31, 2025, will enable Bankfirst Financial Services to increase its investments and support for certified CDFIs, as well as expand its community development financing...
The First Bank received a $6.2 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to provide lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. The grant aims to expand The First Bank's capital access and financial services for underserved borrowers and communities through December 2028. As a designated Community...
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 Bank of Commerce, a certified Community Development Financial Institution (CDFI), has been awarded a $280,369 Project Grant under the U.S. Department of the Treasury's Bank Enterprise Award (BEA) Program (CFDA 21.021). This grant, awarded on September 19, 2024, with a completion date of December 31, 2025, will enable the bank to increase its investments and support of other CDFIs, as well as expand its community development financing and service activities in the most economically distressed...
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 supports the American Bank & Trust Company, a for-profit Subchapter S Corporation, in increasing its investments and support for certified CDFIs, as well as expanding its community development financing and service activities in the most economically distressed communities. The...
The Federal Grant Award, with ID 241BE066377G, 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 $176,400.00 grant was awarded on September 19, 2024, to The First National Bank of Commerce, a for-profit Subchapter S Corporation, to increase its investments and support of certified CDFIs and expand its community development financing and service activities in the most...