Connect Bank
Star City, AR
- UEI
- MNWDEQQUMSL1
- CAGE
- 8U9S3
- Primary NAICS
- 522110 Commercial Banking
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Not Tax Exempt)
- NAICS codes registered in SAM.gov
-
- 522110 Commercial Banking Primary
- SAM.gov registration date
- Physical address
- 116 N Lincoln Ave, Star City, AR 71667, USA
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 | $237,161 | |
| Purpose: the bank enterprise award program (BEA program) provides monetary awards to fdic insured depository… | Community Development Financial Institutions Fund | $437,350 | |
| Purpose: to provide grants to community development financial institutions (cdfis) for the following purposes 1) to… | Community Development Financial Institutions Fund | $3,718,258 |
About Connect Bank
Connect Bank is a for-profit, Subchapter S Corporation registered in SAM.gov, with an active registration through March 1, 2025. As an FDIC-insured depository institution, the bank specializes in community development financial services, focusing on providing targeted financial support to economically distressed and underserved communities across the United States. The bank leverages federal grant programs to expand its lending capabilities, investment strategies, and financial service offerings to low- and moderate-income populations.
Through its federal grant awards from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, Connect Bank has received significant funding to enhance its community development initiatives. The bank was awarded a $3.72 million Equitable Recovery Program (ERP) grant in April 2023 to expand lending, grant making, and investments in low-to-moderate income communities impacted by COVID-19, with a completion date of December 2028. Additionally, the bank received a $237,161 Bank Enterprise Award (BEA) Program grant in September 2024, which supports increased investments in certified CDFIs and expanded community development financing activities. These grants enable Connect Bank to provide tailored financial products, technical assistance, affordable housing financing, small business support, and targeted financial services to underserved populations, with a specific focus on increasing access to capital and economic development opportunities in economically challenged areas.
Quick answers
What is Connect Bank's UEI?
Connect Bank's Unique Entity ID (UEI) in SAM.gov is MNWDEQQUMSL1.
What is Connect Bank's CAGE code?
Connect Bank's CAGE code is 8U9S3.
What is Connect Bank's primary NAICS code?
Connect Bank's primary NAICS code is 522110 (Commercial Banking).
Where is Connect Bank located?
Connect Bank's physical address in SAM.gov is 116 N Lincoln Ave, Star City, AR 71667, USA.
Is Connect Bank registered in SAM.gov?
Yes. Connect Bank's SAM.gov registration is active through February 2, 2027.
What is Connect Bank's most recent federal award?
Connect Bank's most recent federal grant award is Purpose: the bank enterprise award program (BEA program) provides monetary awards to fdic insured depository… (241BE066278G), from Community Development Financial Institutions Fund, on September 19, 2024.
On GovTribe
See Connect Bank's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
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