State Result
Impact Data for Alabama
The CDFI Fund makes an impact by providing awards to organizations that make credit, capital, and other critical financial services available to disadvantaged businesses and low-income communities throughout the country. View state impact data by our CDFI Program and NMTC Program awardees to the right, and view the full list of awards made to organizations in this state below.
AMOUNT OF NMTC INVESTMENTS
$1,236,792,723
NUMBER OF NMTC INVESTMENTS
152
AMOUNT OF CDFI LOANS
$4,132,931,280
NUMBER OF CDFI LOANS
52,522
Award History
| Awardee | City | State | Year | Program | Amount |
|---|---|---|---|---|---|
| United Bancorporation of Alabama, Inc | Atmore | AL | 2024 | CDFI-FA | $1,285,000 |
| Demopolis Federal Credit Union | Demopolis | AL | 2024 | CDFI-FA | $350,000 |
| Birmingham City Credit Union | Birmingham | AL | 2024 | CDFI-FA | $550,000 |
| First Suncoast Trust Bancshares, Inc. | Atmore | AL | 2024 | CDFI-FA | $1,035,000 |
| River Financial Corporation | Prattville | AL | 2024 | CDFI-FA | $1,110,000 |
| America's First Federal Credit Union | Birmingham | AL | 2024 | CDFI-TA | $300,000 |
| United Bank | Atmore | AL | 2024 | BEA | $64,017 |
| Citizens Bank & Trust | Guntersville | AL | 2024 | BEA | $200,678 |
| West Alabama Bank & Trust | Reform | AL | 2024 | BEA | $280,369 |
| Merchants & Farmers Bank of Greene County | Eutaw | AL | 2024 | BEA | $103,223 |