Many times when we meet with potential clients, we hear them describe their “mission people” vs. their “operations people”. I was reminded of this at a lunch meeting this week with a client, who as a mission person described how those in charge of operations did not understand what CDFI designation meant to the organization. This […]
Earlier this week the CDFI Fund announced the availability of approximately $17.1 million in funding for the Bank Enterprise Award (BEA) program. The BEA Program supports FDIC-insured financial institutions around the country that are dedicated to financing and supporting community and economic development activities. The BEA Program complements the community development activities of insured depository […]
The CDFI Fund announced the awardees for the FY 2012 funding round of the Bank Enterprise Award (BEA) Program. In this round, FUND clients received 43% of the total award dollars and represented 32% of the total number of awardees. Congratulations to the following FUND Consulting clients who received $7,652,866 in awards through this round […]
Yesterday the CDFI Fund announced that applications are now open for the FY 2012 BEA funding round. The BEA program awards funding to Federal Deposit Insurance Corporation-insured banks and thrifts across the nation for increasing investments in CDFIs and community and economic development lending activities. Through the BEA Program, the CDFI Fund provides monetary awards […]