Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Not Tax Exempt)
- SAM.gov registration date
- Physical address
- 114 Front St, Richton, MS 39476, USA
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
Richton Bank & Trust Company is a for-profit, Subchapter S Corporation located in Richton, Mississippi, registered in the System for Award Management (SAM) since October 2016. As a financial institution, the bank primarily focuses on community development and financial services, with a particular emphasis on supporting economically distressed communities through targeted investment and lending programs. The bank has been consistently engaged with the Community Development Financial Institutions (CDFI) Fund, demonstrating a commitment to providing financial resources and support to underserved areas.
Through its federal grant awards, Richton Bank & Trust Company has been a recipient of multiple project grants from the CDFI Fund, specifically participating in the Bank Enterprise Award (BEA) Program and the Rapid Response Program (RRP). These grants, ranging from $1.8 million for coronavirus economic impact response to formula-based awards for increasing investments in certified Community Development Financial Institutions (CDFIs), enable the bank to provide financial and technical assistance to communities in economic distress. The bank's grant activities focus on increasing lending, investments, and service-related activities in economically challenged areas, with specific goals of supporting residents and businesses through various financial mechanisms such as equity investments, loans, grants, and technical assistance. The most recent grant, awarded in September 2024, continues the bank's ongoing mission of community development and economic support, with a completion date of December 31, 2025.
Quick answers
Is Richton Bank & Trust Company registered in SAM.gov?
Yes. Richton Bank & Trust Company's SAM.gov registration is active through February 4, 2027.
What is Richton Bank & Trust Company's CAGE code?
Richton Bank & Trust Company's CAGE code is 7QMV0, and its Unique Entity ID (UEI) is MRFGVAL74SN9.
What is Richton Bank & Trust Company's most recent federal award?
Richton Bank & Trust Company's most recent federal grant award is The bank enterprise award program (BEA program) provides monetary awards to fdic insured depository institutions (i.e… (241BE066344G), from Community Development Financial Institutions Fund, on September 19, 2024.
On GovTribe
See Richton Bank & Trust Company's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
- Similar vendors