The Bank Of Holly Springs

The Bank of Holly Springs is a for-profit, Subchapter S Corporation located in Holly Springs, Mississippi, registered in the System for Award Management (SAM) with an active registration until November 12, 2025. As a Community Development Financial Institution (CDFI), the bank focuses on providing financial services and support to underserved and economically distressed communities, with a particular emphasis on low- and moderate-income areas. The institution has demonstrated a commitment to community development through strategic financial initiatives and targeted lending programs.

Through federal grant awards, primarily from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, The Bank of Holly Springs has received multiple project grants totaling approximately $3.7 million across different programs. The Bank Enterprise Award (BEA) Program and the Equitable Recovery Program (CDFI ERP) have been primary funding mechanisms, supporting the bank's efforts to expand lending, investment, and service activities in economically challenged communities. Specifically, the bank has utilized these grants to increase investments in certified CDFIs, provide financial assistance to minorities and underserved populations, and build organizational capacity in response to economic challenges, including the COVID-19 pandemic. The grants enable the bank to acquire technology, hire staff, and develop resources to support community development financing, with a focus on delivering enhanced lending, investment, and financial services to low-income areas and populations with significant unmet capital or financial service needs.