Locus Bank, Inc.
Christiansburg, VA Doing business as VCC Bank Part of Locus
- UEI
- PWZDLJ8QVHE9
- CAGE
- 6FBP6
- Primary NAICS
- 522110 Commercial Banking
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Not Tax Exempt)
- NAICS codes registered in SAM.gov
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- 522110 Commercial Banking Primary
- Corporate family
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Locus
Parent
QJ76DKMHGYX9
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Locus Bank, Inc.
PWZDLJ8QVHE9
- CCB Real Estate Holdings, Inc. WFM4C37NHPW7
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Locus Bank, Inc.
PWZDLJ8QVHE9
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Locus
Parent
QJ76DKMHGYX9
- SAM.gov registration date
- Physical address
- Christiansburg, VA 24073, USA
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Recent federal awards
| Award | Agency | Obligated | Awarded |
|---|---|---|---|
| Purpose: the bank enterprise award program (BEA program) provides monetary awards to fdic insured depository… | Community Development Financial Institutions Fund | $280,369 | |
| Purpose: the bank enterprise award program (BEA program) provides monetary awards to fdic insured depository… | Community Development Financial Institutions Fund | $307,552 | |
| Purpose: the bank enterprise award program (BEA program) provides monetary awards to fdic insured depository… | Community Development Financial Institutions Fund | $170,699 | |
| Bank enterprise award | Community Development Financial Institutions Fund | $245,547 | |
| Bank enterprise award | Community Development Financial Institutions Fund | $233,244 |
About Locus Bank, Inc.
Locus Bank, Inc., doing business as VCC Bank, is a corporate entity registered in SAM.gov since 2011, located in Christiansburg, Virginia. The bank is classified as a for-profit organization and a community development corporation, with a specific focus on supporting economically distressed communities through financial services. As a participant in the Bank Enterprise Award (BEA) Program administered by the Community Development Financial Institutions (CDFI) Fund, Locus Bank has consistently demonstrated commitment to community development and financial inclusivity.
Through its federal grant awards, Locus Bank has received multiple Bank Enterprise Award grants totaling approximately $696,615 between 2022 and 2024, all from the U.S. Department of the Treasury's CDFI Fund. These project grants are specifically designed to incentivize financial institutions to increase investments and support for certified Community Development Financial Institutions (CDFIs) and enhance lending, investing, and service-related activities in economically challenged areas. The bank's grant-supported activities include providing financial assistance and technical support to certified CDFIs through various mechanisms such as equity investments, equity-like loans, grants, stock purchases, loans, deposits, and other forms of financial assistance. By targeting economically distressed communities, Locus Bank aims to stimulate economic development, support local businesses and residents, and create pathways for financial growth and stability in underserved regions.
Quick answers
What is Locus Bank, Inc.'s UEI?
Locus Bank, Inc.'s Unique Entity ID (UEI) in SAM.gov is PWZDLJ8QVHE9.
What is Locus Bank, Inc.'s CAGE code?
Locus Bank, Inc.'s CAGE code is 6FBP6.
What is Locus Bank, Inc.'s primary NAICS code?
Locus Bank, Inc.'s primary NAICS code is 522110 (Commercial Banking).
Where is Locus Bank, Inc. located?
Locus Bank, Inc.'s physical address in SAM.gov is Christiansburg, VA 24073, USA.
Is Locus Bank, Inc. registered in SAM.gov?
Yes. Locus Bank, Inc.'s SAM.gov registration is active through August 28, 2027.
Who is Locus Bank, Inc.'s parent company?
Locus Bank, Inc. is part of Locus.
What is Locus Bank, Inc.'s most recent federal award?
Locus Bank, Inc.'s most recent federal grant award is Purpose: the bank enterprise award program (BEA program) provides monetary awards to fdic insured depository… (241BE066294G), from Community Development Financial Institutions Fund, on September 19, 2024.
On GovTribe
See Locus Bank, Inc.'s full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
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