# Bank Enterprise Award Program (21.021)

Source: https://welltoldgrants.com/programs/21-021-bank-enterprise-award-program/  
Publisher: Well Told Grants. Data: USAspending.gov and Grants.gov, updated November 7, 2026.

Bank Enterprise Award Program is run by Department of the Treasury. From fiscal 2021 to 2025 it awarded $136 million in 512 grants, about $265,289 per award.

## Objectives

The Bank Enterprise Award Program (BEA Program) provides monetary awards to FDIC-insured depository institutions (i.e., banks and thrifts) that demonstrate increased investments and support to certified Community Development Financial Institutions (CDFIs) or in their lending, investing, or service-related activities in the most economically distressed communities.

## Funding by fiscal year

| Year | Amount | Awards |
|---|---|---|
| 2021 | $105,000 | 1 |
| 2022 | $25.7 million | 158 |
| 2023 | $70.0 million | 184 |
| 2024 | $40.0 million | 171 |
| 2025 | $0 | 0 |

## Largest recipients

| Recipient | State | Amount |
|---|---|---|
| Texas National Bank | Texas | $888,418 |
| Concordia Bank & Trust Company | Louisiana | $888,418 |
| Citizens Progressive Bank | Louisiana | $888,418 |
| FNB Oxford Bank | Mississippi | $888,418 |
| Spring Bank | New York | $888,418 |
| Mountain Valley Bank | Tennessee | $888,418 |
| Pike National Bank | Mississippi | $888,418 |
| Bank of Camilla | Georgia | $888,418 |
| Legacy Bank & Trust Company | Missouri | $888,418 |
| Planters Bank & Trust Company | Mississippi | $888,418 |
| Bankplus | Mississippi | $888,418 |
| Partners Bank | Arkansas | $888,418 |
| Central Bank of Kansas City | Missouri | $888,418 |
| Pioneer Community Bank, Inc. | West Virginia | $888,418 |
| CLB the Community Bank | Louisiana | $888,418 |
| Liberty Bank and Trust Company | Louisiana | $888,418 |
| Unity Bank of Mississippi | Mississippi | $888,418 |
| First Naturalstate Bank | Arkansas | $888,418 |
| Bankfirst Financial Services | Mississippi | $888,418 |
| Commercial Bank & Trust Company | Arkansas | $888,418 |