Producers Bank & Trust

McGehee, AR Mcgehee Bank

UEI
GDW2BE6WPHT3
CAGE
7HE90
Primary NAICS
522110 Commercial Banking
SAM.gov registration
Active through

Company facts

Self-certified in SAM.gov
  • For Profit Organization
  • Subchapter S Corporation
Entity structure
Corporate Entity (Not Tax Exempt)
Corporate family
SAM.gov registration date
Physical address
301 N 2nd St, McGehee, AR 71654, USA
Website
producers.bank
Founded
1995
Industry
  1. Financials
  2. Banks
  3. 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 .

Grant awards

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About the company

Mcgehee Bank is a for-profit, Subchapter S Corporation located in McGehee, Arkansas, registered in SAM.gov with a current registration valid through October 31, 2025. The bank has consistently received federal grant awards from the Community Development Financial Institutions Fund (CDFI Fund), focusing on community development and economic revitalization efforts in economically distressed areas. As a financial institution, Mcgehee Bank specializes in providing targeted financial services and investments to low- and moderate-income communities, with a particular emphasis on supporting areas impacted by economic challenges such as the COVID-19 pandemic.

Through multiple federal grant programs, Mcgehee Bank has received significant funding to expand lending, grant-making, and investment activities in underserved communities. The bank has been awarded grants including the Bank Enterprise Award (BEA) Program, the Community Development Financial Institutions Equitable Recovery Program (CDFI ERP), and the CDFI Rapid Response Program (CDFI RRP). These awards have enabled Mcgehee Bank to provide approximately $2.5 million in loans, equity investments, deposits, and other financial products to residents, businesses, and certified Community Development Financial Institutions in economically distressed areas. The grants specifically target supporting minorities and communities disproportionately impacted by the COVID-19 pandemic, with grant periods ranging from 2021 to 2028. Mcgehee Bank has consistently been the sole prime recipient of these awards, implementing grant activities without the use of subrecipients and focusing on building organizational capacity, acquiring technology, and expanding financial services to underserved populations.

Quick answers

Is Producers Bank & Trust registered in SAM.gov?

Yes. Producers Bank & Trust's SAM.gov registration is active through July 23, 2027.

What is Producers Bank & Trust's CAGE code?

Producers Bank & Trust's CAGE code is 7HE90, and its Unique Entity ID (UEI) is GDW2BE6WPHT3.

What is Producers Bank & Trust's most recent federal award?

Producers Bank & Trust's most recent federal grant award is The bank enterprise award program (BEA program) provides monetary awards to fdic insured depository institutions (i.e… (241BE066395G), from Community Development Financial Institutions Fund, on September 19, 2024.

On GovTribe

See Producers Bank & Trust's full federal record

  • Federal grant awards
  • Funding analysis by agency, NAICS and set-aside
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