The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $176,040 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to FNB Bank, Incorporated on September 19, 2024. The grant will support the bank's increased investments and support for certified Community Development Financial Institutions (CDFIs) and expanded lending, investing, and service activities in economically distressed communities. Expected outcomes include...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to First Southern Bank under the Bank Enterprise Award (BEA) Program (CFDA 21.021). The grant supports the bank's efforts to increase investments and support for certified Community Development Financial Institutions (CDFIs), as well as expand lending, investing, and service-related activities in the most economically distressed communities. The award period runs from...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $176,400 Project Grant through the Bank Enterprise Award (BEA) Program (CFDA 21.021) to The First National Bank of Commerce on September 19, 2024. 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 their lending,...
The Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $241,219 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to First Bank, a certified CDFI headquartered in McComb, Mississippi. The grant will support First Bank's efforts to increase investments and technical assistance to other certified CDFIs, as well as expand lending, investment, and service activities in the most economically distressed communities. Expected outcomes...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $236,356 Project Grant to Community Bank on September 19, 2024 through the Bank Enterprise Award (BEA) Program (CFDA 21.021). The BEA Program provides monetary awards to FDIC-insured depository institutions that demonstrate increased investments in certified CDFIs or expanded lending, investing, and service activities in economically distressed communities. The grant supports Community Bank's...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to First Community Bank NA. The award period is from Sep 19, 2024 to Dec 31, 2025. The BEA Program provides monetary awards to FDIC-insured depository institutions that demonstrate increased investments and support to certified Community Development Financial Institutions (CDFIs), or increased lending,...
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 U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to Bank of Commerce on Sep 19, 2024. The grant supports the bank's efforts to increase investments in certified CDFIs and expand lending, investing, and service activities in economically distressed communities. Planned activities include providing financial and technical assistance to CDFIs through equity...
The Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $179,472 Project Grant to Commercial Bank & Trust Company under the Bank Enterprise Award (BEA) Program (CFDA 21.021). This grant supports the bank's efforts to increase investments and provide technical assistance to certified Community Development Financial Institutions (CDFIs), as well as expand lending, investing, and service-related activities in the most economically distressed...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to Commercial Bank & Trust Company 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 in certified Community Development Financial Institutions (CDFIs) or expanded lending, investing, and service activities in economically distressed...