Federal grants to Southern Independent Bancshares, Inc.
Southern Independent Bancshares, Inc. in Opp, Alabama received $1.3 million in federal grants from fiscal 2021 to 2025, across 2 awards. Its largest program was Community Development Financial Institutions Program, with $1.3 million. It had no new grant money in fiscal 2025.
From USAspending.gov award records, updated November 7, 2026.
- Grants, FY 2021 to 2025$1.3 million
- Awards2
- Awarded in FY 2025$0
- Largest award$660,000
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 0 | $0 |
| FY 2022 | 1 | $625,000 |
| FY 2023 | 1 | $660,000 |
| FY 2024 | 0 | $0 |
| FY 2025 | 0 | $0 |
Programs that fund Southern Independent Bancshares, Inc.
| Program | Awards | Amount |
|---|---|---|
| Community Development Financial Institutions Program | 2 | $1.3 million |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of the Treasury | 2 | $1.3 million |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| Purpose: to promote economic revitalization and community development through investment in and financial assistance to community development financial institutions (CDFIS). Planned activities: financial assistance must be used for financial products, financial services (regulated institutions only) | Community Development Financial Institutions Program | February 28, 2023 | $660,000 |
| Purpose: to promote economic revitalization and community development through investment in and financial assistance to community development financial institutions (CDFIS). Planned activities: financial assistance must be used for financial products, financial services (regulated institutions only) | Community Development Financial Institutions Program | December 8, 2021 | $625,000 |
Questions people ask
How much federal grant money does Southern Independent Bancshares, Inc. get?
$1.3 million in 2 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives Southern Independent Bancshares, Inc. the most?
The Department of the Treasury, with $1.3 million in 2 awards.
What is Southern Independent Bancshares, Inc.'s largest federal grant?
$660,000 under Community Development Financial Institutions Program, with its first action in the period on February 28, 2023. That counts only the money obligated in fiscal 2021 to 2025.
Other grant recipients in Opp
Largest federal grant recipients in Alabama · Federal grants in Alabama