Congressman Bennie Thompson Announces over $73 Million Awarded to Financial Institutions in the MS Second Congressional District
(BOLTON, MS) Today, United States Representative Bennie G. Thompson (D-MS) announced the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has awarded over $73 million in grants to Community Development Financial Institutions (CDFIs) in the MS Second Congressional District through the CDFI Equitable Recovery Program (CDFI ERP). These funds will strengthen the ability of CDFIs to help low- and moderate-income communities recover from the COVID-19 pandemic and invest in long-term prosperity. These CDFI Fund investments will be used as follows:
Organization | City | Financial Institute | Purpose of Grant Funds | Amount |
|---|---|---|---|---|
Bank of Commerce | Greenwood | MS | Bank or Thrift | $3,718,258 |
Bank of Kilmichael | Kilmichael | MS | Bank or Thrift | $2,478,839 |
Bank of Winona | Winona | MS | Bank or Thrift | $2,478,839 |
BankPlus | Belzoni | MS | Bank or Thrift | $2,478,839 |
Citizens Bank & Trust Company | Marks | MS | Bank or Thrift | $1,735,187 |
Copiah Bank | Hazlehurst | MS | Bank or Thrift | $4,957,678 |
Culleywood Capital | Jackson | MS | Loan Fund | $2,452,811 |
Genesis Bank | Benoit | MS | Bank or Thrift | $6,197,097 |
Guaranty Bank & Trust | Belzoni | MS | Bank or Thrift | $2,478,839 |
Holmes County Bank | Lexington | MS | Bank or Thrift | $2,478,839 |
Hope Enterprise Corporation | Jackson | MS | Loan Fund | $4,709,794 |
Hope Federal Credit Union | Jackson | MS | Credit Union | $4,957,678 |
Mechanics Bank | Water Valley | MS | Bank or Thrift | $4,957,678 |
Merchants & Planters Bank | Raymond | MS | Bank or Thrift | $3,718,258 |
Planters Bank & Trust Company | Indianola | MS | Bank or Thrift | $6,197,097 |
Riverhills Capital Corporation | Vicksburg | MS | Bank Holding Company | $3,718,258 |
The Cleveland State Bank | Cleveland | MS | Bank or Thrift | $3,718,258 |
The Jefferson Bank | Greenville | MS | Bank or Thrift | $4,957,678 |
United Mississippi Bank | Natchez | MS | Bank or Thrift | $4,957,678 |