The First National Bank Of Jeanerette

The First National Bank Of Jeanerette, doing business as First National Bank, is a for-profit, Subchapter S Corporation registered in SAM.gov that specializes in community development financial services. As a federally insured depository institution, the bank focuses on providing financial support and capital access to low- and moderate-income communities, with a particular emphasis on areas economically impacted by the COVID-19 pandemic. The bank is primarily engaged in community development financing, offering targeted financial products and services designed to support underserved populations and economically distressed regions.

Through federal grant awards from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, The First National Bank Of Jeanerette has received multiple significant grants to expand its community development efforts. In April 2023, the bank was awarded a $3.7 million Equitable Recovery Program (ERP) grant to expand lending, grant-making, and investment activities in low- and moderate-income communities, with a specific focus on minority borrowers. Additionally, the bank received a $280,369 Bank Enterprise Award (BEA) Program grant in September 2024, which aims to increase investments in certified CDFIs and support community development financing activities. These grants enable the bank to provide increased access to capital, develop tailored financial products, offer technical assistance, support small businesses, and facilitate affordable housing financing in economically challenged areas across the United States.