Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Not Tax Exempt)
- SAM.gov registration date
- Physical address
- 700 Taylor St, Corinth, MS 38834, USA
- Website
- commerce-bank.com
- Industry
-
- Financials
- Banks
- Banking & Mortgages
- SIC code
- 60 Depository Institutions
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Grant awards
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About the company
Commerce Bank is a for-profit, Subchapter S Corporation registered in SAM.gov, located in Corinth, Mississippi, with its corporate registration valid through October 31, 2025. As a certified Community Development Financial Institution (CDFI), the bank specializes in providing financial services and targeted lending to low- and moderate-income communities, with a particular focus on economic development and expanding access to capital for underserved populations. The bank has consistently demonstrated its commitment to community development through multiple federal grant awards, primarily from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund.
Through federal grant programs such as the Bank Enterprise Award (BEA) Program, Equitable Recovery Program (ERP), and Rapid Response Program (RRP), Commerce Bank has received over $4.5 million in grants designed to support economic development in distressed communities. These grants have enabled the bank to expand lending, invest in small businesses, support affordable housing development, and provide technical assistance to populations disproportionately impacted by economic challenges, including those affected by the COVID-19 pandemic. The bank's grant-funded activities focus on delivering tailored financial products, increasing investments in certified CDFIs, and providing targeted services to low-income areas. Each grant has specific objectives, such as supporting community development financing, expanding lending capabilities, and building organizational capacity to serve economically challenged communities more effectively.
Quick answers
Is Commerce Bank registered in SAM.gov?
Yes. Commerce Bank's SAM.gov registration is active through June 4, 2027.
What is Commerce Bank's CAGE code?
Commerce Bank's CAGE code is 8UK57, and its Unique Entity ID (UEI) is JE2GMFB3YB77.
What is Commerce Bank's most recent federal award?
Commerce Bank's most recent federal grant award is The bank enterprise award program (BEA program) provides monetary awards to fdic insured depository institutions (i.e… (241BE066336G), from Community Development Financial Institutions Fund, on September 19, 2024.
On GovTribe
See Commerce Bank's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
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