Asian Bank
Philadelphia, PA Asian Bank
- UEI
- K2FRPTBH6KG7
- CAGE
- 6FFR7
- Primary NAICS
- Not on record
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Not Tax Exempt)
- SAM.gov registration date
- Physical address
- 1023 Race St Fl 2, Philadelphia, PA 19107, USA
- Website
- theasianbank.com
- Founded
- 1999
- 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 .
Recent federal awards
| Award | Agency | Obligated | Awarded |
|---|---|---|---|
| Purpose: the bank enterprise award program (BEA program) provides monetary awards to fdic insured depository… | Community Development Financial Institutions Fund | $280,369 | |
| Purpose: the bank enterprise award program (BEA program) provides monetary awards to fdic insured depository… | Community Development Financial Institutions Fund | $110,903 | |
| Purpose: the bank enterprise award program (BEA program) provides monetary awards to fdic insured depository… | Community Development Financial Institutions Fund | $170,699 |
About Asian Bank
Asian Bank is a minority-owned, for-profit financial institution registered in SAM.gov since 2011, with its registration valid through February 2025. As a corporate entity and Community Development Corporation, the bank is recognized as an Asian-Pacific American owned business that provides financial services and community development support. The bank is specifically focused on serving low- and moderate-income populations and economically distressed communities through targeted financial products and investment strategies.
Through its federal grant awards, Asian Bank has consistently received funding from the Community Development Financial Institutions (CDFI) Fund within the U.S. Department of the Treasury, specifically participating in the Bank Enterprise Award (BEA) Program. These project grants, ranging from $280,369 in 2024 to previous years' awards, are designed to incentivize increased investments and support for Community Development Financial Institutions (CDFIs). The grants enable Asian Bank to expand its community development financing and services, with specific focus areas including increasing lending, providing technical assistance, supporting affordable housing financing, and creating tailored financial products for underserved populations. The bank's grant-funded activities aim to promote greater access to capital and economic development opportunities in the most economically distressed communities nationwide, with each grant cycle running approximately one year and targeting specific community development and financial inclusion objectives.
Quick answers
What is Asian Bank's UEI?
Asian Bank's Unique Entity ID (UEI) in SAM.gov is K2FRPTBH6KG7.
What is Asian Bank's CAGE code?
Asian Bank's CAGE code is 6FFR7.
Where is Asian Bank located?
Asian Bank's physical address in SAM.gov is 1023 Race St Fl 2, Philadelphia, PA 19107, USA.
Is Asian Bank registered in SAM.gov?
Yes. Asian Bank's SAM.gov registration is active through September 8, 2027.
What is Asian Bank's most recent federal award?
Asian Bank's most recent federal grant award is Purpose: the bank enterprise award program (BEA program) provides monetary awards to fdic insured depository… (241BE066388G), from Community Development Financial Institutions Fund, on September 19, 2024.
On GovTribe
See Asian Bank's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
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