Farmers And Merchants Bank
Baldwyn, MS Doing business as Cornerstone
- UEI
- L77CQQBZFG89
- CAGE
- 7DKG5
- 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
- 111 Clayton St, Baldwyn, MS 38824, USA
- Website
- fmbms.com
- Founded
- 1941
- Employees
- 11-50
- Estimated annual revenue
- $1M-$10M
- 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
Latest 5 listed here. See the rest on GovTribe.
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About the company
Farmers And Merchants Bank, doing business as Cornerstone, is a for-profit financial institution located in Baldwyn, Mississippi, registered in the System for Award Management (SAM) since May 11, 2015, with registration valid through February 26, 2026. The bank specializes in community development financial services, focusing on providing targeted financial products and support to economically distressed and underserved communities. As a Community Development Financial Institution (CDFI), Cornerstone has consistently demonstrated a commitment to expanding lending, investments, and financial services in areas with significant economic challenges.
Through multiple federal grant awards from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, Cornerstone has received substantial funding across several strategic programs, including the Bank Enterprise Award (BEA) Program, the Equitable Recovery Program (CDFI ERP), and the Rapid Response Program (CDFI RRP). These grants, totaling approximately $4.58 million between 2020 and 2024, have enabled the bank to increase technical assistance, provide affordable housing financing, support small businesses, and develop tailored financial products for low- and moderate-income populations. Specifically, the bank has used these funds to expand lending and investment activities in communities disproportionately impacted by the COVID-19 pandemic, with a particular focus on minority borrowers and economically distressed regions. The grants have supported Cornerstone's efforts to build organizational capacity, acquire necessary resources and technology, and deliver financial services that address critical community development needs.
Quick answers
Is Farmers And Merchants Bank registered in SAM.gov?
Yes. Farmers And Merchants Bank's SAM.gov registration is active through September 17, 2027.
What is Farmers And Merchants Bank's most recent federal award?
Farmers And Merchants 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… (241BE066369G), from Community Development Financial Institutions Fund, on September 19, 2024.
On GovTribe
See Farmers And Merchants Bank's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
- Similar vendors