Union Bank & Trust Company
Monticello, AR Part of First Union Financial Corporation
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Not Tax Exempt)
- Corporate family
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-
Parent
Monticello, AR
UYZHB6L9EF69
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Parent
Monticello, AR
UYZHB6L9EF69
- SAM.gov registration date
- Physical address
- 102 W McCloy St, Monticello, AR 71655, USA
- Website
- unionbnk.com
- Founded
- 1968
- Employees
- 50K-100K
- Estimated annual revenue
- $10B+
- Industry
-
- Financials
- Banks
- 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
Latest 5 listed here. See the rest on GovTribe.
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About the company
Union Bank & Trust Company is an FDIC-insured, for-profit financial institution based in Monticello, Arkansas, registered in the System for Award Management (SAM) since February 2018. As a Community Development Financial Institution (CDFI), the bank specializes in providing financial services and support to economically distressed and underserved communities, with a focus on delivering targeted financial products and assistance to low- and moderate-income populations. The bank has consistently received federal grant awards from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, demonstrating its commitment to community development and economic empowerment.
Through multiple federal grant programs, Union Bank & Trust Company has received significant funding to expand its community development financing activities. The bank has been awarded grants through the Bank Enterprise Award (BEA) Program, the CDFI Equitable Recovery Program (CDFI ERP), and the CDFI Rapid Response Program (CDFI RRP), totaling approximately $7 million between 2021 and 2024. These grants enable the bank to provide increased technical assistance, affordable housing financing, small business support, and tailored financial products for low- and moderate-income populations. Specifically, the bank uses these funds to increase loans, investments, services, and technical assistance to other CDFIs, residents, and businesses in economically distressed areas. The most recent awards, including a $252,171 BEA Program grant in September 2024 and a $4,957,678 CDFI ERP grant in April 2023, support the bank's efforts to expand community development financing, build organizational capacity, and address economic challenges, particularly those related to the COVID-19 pandemic's impact on underserved communities.
Quick answers
Is Union Bank & Trust Company registered in SAM.gov?
Yes. Union Bank & Trust Company's SAM.gov registration is active through July 16, 2027.
What is Union Bank & Trust Company's CAGE code?
Union Bank & Trust Company's CAGE code is 81UC7, and its Unique Entity ID (UEI) is N1FNYW21F6L9.
What is Union Bank & Trust Company's most recent federal award?
Union 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… (241BE066408G), from Community Development Financial Institutions Fund, on September 19, 2024.
On GovTribe
See Union Bank & Trust Company's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
- Similar vendors