Skip to main content

Official websites use .gov
A .gov website belongs to an official government organization in the United States.

Secure .gov websites use HTTPS
A lock ( ) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.

Bank Enterprise Award Program

Program Information

Popular name

BEA Program

Program Number

21.021

Program objective

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.

Program expenditures, by FY (2023 - 2025)

This chart shows obligations for the program by fiscal year. All data for this chart was provided by the administering agency and sourced from SAM.gov, USASpending.gov, and Treasury.gov.

For more information on each of these data sources, please see the About the data page.

Additional program information

  1. 2017

    Please visit the CDFI Fund website for information on program accomplishments. The information can be accessed via www.cdfiund.gov/bea.

  2. 2018

    Visit the CDFI Fund website for information on program accomplishments. The information can be accessed via www.cdfifund.gov/bea.

  3. 2019

    Visit the CDFI Fund website for information on program accomplishments. The information can be accessed via www.cdfifund.gov/bea.

  4. 2020

    Visit the CDFI Fund website for information on program accomplishments. The information can be accessed via www.cdfifund.gov/bea.

  5. 2021

    Visit the CDFI Fund website for information on program accomplishments. The information can be accessed via www.cdfifund.gov/bea.

  6. 2022

    Visit the CDFI Fund website for information on program accomplishments. The information can be accessed via www.cdfifund.gov/bea.

  7. 2024

    Visit the CDFI Fund website for information on program accomplishments. The information can be accessed via www.cdfifund.gov/bea.

Single Audit Applies (2 CFR Part 200 Subpart F):

For additional information on single audit requirements for this program, review the current Compliance Supplement.

OMB is working with the U.S. Government Accountability Office (GAO) and agency offices of inspectors general to include links to relevant oversight reports. This section will be updated once this information is made available.

2 C.F.R. Part 200, Revised Interim Rule (12 C.F.R. Part 1806); NOFA; and application materials.

Program details

Program types

Eligible beneficiaries

  • Other private institution/organization
  • Private nonprofit institution/organization
  • Profit organization

Additional resources