Assistance program
Bank Enterprise Award Program
$232.9 Million committed in FY2018–FY2025
- Agency
- Community Development Financial Institutions, Treasury, Department of the
- Assistance
- Project Grants
- CFDA number
- 21.021
- What it does
- The Bank Enterprise Award Program (BEA Program) provides monetary awards to FDIC-insured depository institutions (i.e., banks and thrifts) that demonstrate increased investments and support to certified Community Development Financial Institutions (CDFIs) or in their lending, investing, or service-related activities in the most economically distressed communities.
- Who benefits
- Distressed communities as defined in 12 C.F.R. 1806.
- Who applies
- Profit organization, Other private institutions/organizations For Profit Organizations and Other Private Institution/Organizations in the form of FDIC -insured depository institutions.
- Authorized by
- 12 U.S.C. § 1834a, 4713
- Program site
- http://www.cdfifund.gov ↗
Committed by fiscal year
Top recipients
By dollars committed.
How to read these numbers
- Committed through this program
Money committed under this assistance listing (its CFDA program), counted in the year each action happened.
- How it's paid
Most programs pay out one way — a grant, or a direct payment to individuals; the flow bar only appears when a program genuinely mixes types.
- Some recipients aren't itemized
For entitlement programs like Social Security and Medicare, the government reports one aggregate instead of naming tens of millions of people, so the recipient roster isn't part of the public record.
- Awards, counted once
An award count is the number of distinct awards with at least one action that year — each counted once, however many times it was amended.
- The colored bars
Every bar on this page splits by how the money moves:
Direct payments