CDFI FUND IMPACT BLOG

The CDFI Fund anticipates opening the fiscal year (FY) 2021 Bank Enterprise Award Program (BEA Program) application round in the fall of 2021. This will ensure that the CDFI Fund can review the applications and announce awards in the spring of 2022. If your FDIC-

If your FDIC-insured bank or trust is contemplating submitting an application to the upcoming fiscal year (FY) 2020 funding round for the Bank Enterprise Award Program (BEA Program), you may find the following information helpful as you plan.

With its limited banking presence, the rural area of Atmore, Alabama lacks mainstream financial service options, particularly for the quarter of its residents that are living at or below the poverty level. This is a familiar situation in rural areas across the nation located