Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Not Tax Exempt)
- SAM.gov registration date
- Website
- bankaplus.com
- Founded
- 2007
- Employees
- 11-50
- Estimated annual revenue
- $1M-$10M
- Industry
-
- Financials
- Banks
- Banking & Mortgages
- SIC code
- 60 Depository Institutions
- Profiles
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Grant awards
Latest 5 listed here. See the rest on GovTribe.
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About the company
American Plus Bank NA is a minority-owned, for-profit financial institution headquartered in Arcadia, California, with a specific focus on serving the Chinese American community and economically distressed neighborhoods. Registered in SAM.gov since 2010, the bank is an Asian-Pacific American owned corporate entity that specializes in community development banking and financial services. While the bank does not have federal contract vehicles, it has been a consistent recipient of federal grants from the Community Development Financial Institutions (CDFI) Fund, demonstrating its commitment to supporting underserved communities through targeted financial initiatives.
The bank has received multiple federal grant awards, primarily through the Bank Enterprise Award (BEA) Program and the CDFI Rapid Response Program, all administered by the U.S. Department of the Treasury's CDFI Fund. These grants, ranging from $280,369 in 2024 to previous awards in earlier years, are designed to incentivize FDIC-insured depository institutions to expand lending, investments, and services in economically challenged areas. American Plus Bank NA's grant activities focus on increasing investments and support for certified Community Development Financial Institutions (CDFIs), providing critical financing and banking access to disadvantaged neighborhoods. The bank's grant-funded activities include delivering financial assistance and technical support to local CDFIs, expanding lending in economically distressed communities, and creating strategic partnerships to enhance financial inclusion for underserved populations. Each grant award typically has a specific completion timeline, with recent awards extending through December 2025, indicating the bank's ongoing commitment to community development financial services.
Quick answers
Is American Plus Bank NA registered in SAM.gov?
Yes. American Plus Bank NA's SAM.gov registration is active through May 5, 2027.
What is American Plus Bank NA's CAGE code?
American Plus Bank NA's CAGE code is 641E8, and its Unique Entity ID (UEI) is RN9GDCTJ5MG9.
What is American Plus Bank NA's most recent federal award?
American Plus Bank NA's most recent federal grant award is The bank enterprise award program (BEA program) provides monetary awards to fdic insured depository institutions (i.e… (241BE066381G), from Community Development Financial Institutions Fund, on September 19, 2024.
On GovTribe
See American Plus Bank NA's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
- Similar vendors