Federal grants to Bank of Commerce
Bank of Commerce in Greenwood, Mississippi received $6.7 million in federal grants from fiscal 2021 to 2025, across 7 awards. Its largest program was Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), with $3.7 million. It had no new grant money in fiscal 2025.
From USAspending.gov award records, updated November 7, 2026.
- Grants, FY 2021 to 2025$6.7 million
- Awards7
- Awarded in FY 2025$0
- Largest award$3.7 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 2 | $2.1 million |
| FY 2022 | 1 | $170,699 |
| FY 2023 | 2 | $3.9 million |
| FY 2024 | 2 | $510,303 |
| FY 2025 | 0 | $0 |
Programs that fund Bank of Commerce
| Program | Awards | Amount |
|---|---|---|
| Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | 1 | $3.7 million |
| Community Development Financial Institutions Rapid Response Program (CDFI RRP) | 1 | $1.8 million |
| Bank Enterprise Award Program | 3 | $644,568 |
| Small Dollar Loan Program | 2 | $524,934 |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of the Treasury | 7 | $6.7 million |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| Purpose: to provide grants to community development financial institutions (CDFIS) for the following purposes 1) to expand lending, grant making and investment activities in low or moderate income communities and to borrowers that have historically experienced significant unmet capital and financial | Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | April 10, 2023 | $3.7 million |
| Cdfi rapid response program award | Community Development Financial Institutions Rapid Response Program (CDFI RRP) | June 15, 2021 | $1.8 million |
| Purpose: to provide an alternative to high-cost small dollar loans, as well as help unbanked and underbanked populations build credit, access affordable capital, and allow greater access into the mainstream financial system. Activities to be performed: through the sdl program, the cdfi fund will pro | Small Dollar Loan Program | September 23, 2021 | $295,000 |
| Purpose: the bank enterprise award program (bea program) provides monetary awards to fdic insured depository institutions (i.e., banks and thrifts) that demonstrate increases in their (i) investments and support to certified community development financial institutions (CDFIS), or (II) lending, inve | Bank Enterprise Award Program | September 19, 2024 | $280,369 |
| Purpose: to support certified community development financial institutions (CDFIS) to provide an alternative to high cost small dollar loans, as well as help unbanked and underbanked populations build credit, access affordable capital, and allow greater access into the mainstream financial system. P | Small Dollar Loan Program | April 16, 2024 | $229,934 |
| Purpose: the bank enterprise award program (bea program) provides monetary awards to fdic insured depository institutions (i.e., banks and thrifts) that demonstrate increases in their (i) investments and support to certified community development financial institutions (CDFIS), or (II) lending, inve | Bank Enterprise Award Program | September 20, 2023 | $193,500 |
| Purpose: the bank enterprise award program (bea program) provides monetary awards to fdic insured depository institutions (i.e., banks and thrifts) that demonstrate increases in their (i) investments and support to certified community development financial institutions (CDFIS), or (II) lending, inve | Bank Enterprise Award Program | April 6, 2022 | $170,699 |
Questions people ask
How much federal grant money does Bank of Commerce get?
$6.7 million in 7 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives Bank of Commerce the most?
The Department of the Treasury, with $6.7 million in 7 awards.
What is Bank of Commerce's largest federal grant?
$3.7 million under Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), with its first action in the period on April 10, 2023. That counts only the money obligated in fiscal 2021 to 2025.
Which federal programs fund Bank of Commerce?
Its largest are Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), Community Development Financial Institutions Rapid Response Program (CDFI RRP) and Bank Enterprise Award Program.
Other grant recipients in Greenwood
- Housing Authority of the City of Greenwood
- Greenwood Leflore Airport
- United Church Residences of Greenwood, Mississippi, Inc.
- City of Greenwood
- Leflore County of Board of Supervisors
- Commerce Bancorp, Inc
- Greenwood Leflore Hospital
Largest federal grant recipients in Mississippi · Federal grants in Mississippi