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...
This Project Grant award 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 grant, awarded on September 19, 2024, supports the Community Bank of the Bay in Oakland, California, a for-profit community development corporation, to increase its investments and support to certified CDFIs, as well as its lending, investing, and service-related activities in the most...
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 Beneficial State Bank 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 in certified CDFIs and expanded lending, investing, and service activities in economically distressed communities. Through this grant,...
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 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 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...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $181,766 Project Grant under the Bank Enterprise Award (BEA) Program (CFDA 21.021) to Bank of Commerce & Trust Co. on September 19, 2024. The grant supports the bank's increased investments and support to certified Community Development Financial Institutions (CDFIs), as well as expanded lending, investing, and service activities in economically distressed communities. The expected...
This $280,369 Project Grant awarded on September 19, 2024 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 a commercial bank's efforts to increase investments and support for certified Community Development Financial Institutions (CDFIs), as well as expand lending, investing, and service activities in economically distressed communities. The funding will enable the bank to...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $280,369 Project Grant to South Lafourche Bank & Trust Company 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 to certified Community Development Financial Institutions (CDFIs), or increased lending, investing, and...