68 CDBA Members Receive Bank Enterprise Awards

Tuesday, September 15, 2020

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund has awarded $25.2 million to 138 community banks and thrifts serving America's most economically distressed communities. Of the awardees, 68 are members of the Community Development Bankers Association (CDBA), who received a total of over $13.5 million in awards (nearly 54 percent of the total award dollars). Over 97 percent of CDBA members awarded this year received the maximum grant amount of $202,898.