Well Told Grants

Federal grant recipients / New York

Federal grants to Spring Bank

Bronx, New York · Businesses · UEI YFXBDFRCGJD5

Spring Bank in Bronx, New York received $2.7 million in federal grants from fiscal 2021 to 2025, across 4 awards. Its largest program was Community Development Financial Institutions Rapid Response Program (CDFI RRP), with $1.8 million. It had no new grant money in fiscal 2025.

From USAspending.gov award records, updated October 31, 2026.

By year

Federal grants to Spring Bank by fiscal year
Fiscal yearAwardsAmount
FY 20211$1.8 million
FY 20221$170,699
FY 20231$437,350
FY 20241$280,369
FY 20250$0

An award funded in several years counts in each of them, so yearly awards add up to more than the five-year total.

Programs that fund Spring Bank

Every program, fiscal 2021 to 2025
ProgramAwardsAmount
Community Development Financial Institutions Rapid Response Program (CDFI RRP) 21.0241$1.8 million
Bank Enterprise Award Program 21.0213$888,418

Awarding agencies

AgencyAwardsAmount
Department of the Treasury4$2.7 million

Largest awards

The 4 largest awards by money obligated in fiscal 2021 to 2025
AwardProgramFirst actionAmount
Cdfi rapid response program award
ASST_NON_21RRP056995-G_020 on USAspending
Community Development Financial Institutions Rapid Response Program (CDFI RRP)June 15, 2021$1.8 million
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
ASST_NON_231BE063591-G_020 on USAspending
Bank Enterprise Award ProgramSeptember 20, 2023$437,350
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
ASST_NON_241BE066382-G_020 on USAspending
Bank Enterprise Award ProgramSeptember 19, 2024$280,369
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
ASST_NON_211BE023902-G_020 on USAspending
Bank Enterprise Award ProgramApril 6, 2022$170,699

Amounts are net obligations: money committed, minus any amounts taken back. They are not payments. See how our data works.

Questions people ask

How much federal grant money does Spring Bank get?

$2.7 million in 4 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.

Which agency gives Spring Bank the most?

The Department of the Treasury, with $2.7 million in 4 awards.

What is Spring Bank's largest federal grant?

$1.8 million under Community Development Financial Institutions Rapid Response Program (CDFI RRP), with its first action in the period on June 15, 2021. That counts only the money obligated in fiscal 2021 to 2025.

Which federal programs fund Spring Bank?

Its largest are Community Development Financial Institutions Rapid Response Program (CDFI RRP) and Bank Enterprise Award Program.

Other grant recipients in Bronx

Largest federal grant recipients in New York · Federal grants in New York