The Consolidated Appropriations Act, 2021 provided the U.S. Department of the Treasury $9 billion for the 

Emergency Capital Investment Program (ECIP) to provide direct investments into Community Development 

Financial Institution (CDFI) and Minority Depository Institution (MDI) banks, credit unions and holding companies. 

These investments are designed to support the efforts of community financial institutions to, among other things, 

provide loans, grants, and forbearance for small and minority-owned businesses and consumers, especially in lowincome and financially underserved communities that struggled the most during the COVID-19 crisis.

These mission-driven financial institutions specialize in delivering responsible capital, credit and financial services 

to underserved communities. The investments made by Treasury are expected to be used for a range of 

community investments, including loans to low-income and minority borrowers and underserved small business, 

the development and preservation of affordable housing, and investments in community development projects.

Emergency Capital Investment Program Fact Sheet

Mississippi

 

For More Information: 

For Media Inquiries: 

For General Inquiries:

Please visit https://home.treasury.gov/policy-issues/cares/emergency-capital-investment-program

Please contact the U.S. Treasury Press Office at (202) 622-2960

Please email ecip@treasury.gov for additional information

Treasury has awarded institutions headquartered within Mississippi over

$1.6 billion in ECIP investment funds. 

Institution Headquarters City Type Award Amount 

BancPlus Corporation Ridgeland CDFI $ 250,000,000 

BankFirst Capital Corporation Macon CDFI $ 175,000,000 

Citizens Corporation Columbia CDFI $ 40,000,000 

Commerce Bancorp, Inc. Greenwood CDFI $ 70,000,000 

First Federal Bancorp Columbia CDFI $ 25,000,000 

First Federal Savings and Loan Association of 

Pascagoula-Moss Point Pascagoula CDFI $ 35,000,000 

First National Corporation of Picayune Picayune CDFI $ 30,000,000 

First National Holding Company Oxford CDFI $ 73,497,000 

List continued on next page. 

Note: Headquarters City indicates institution headquarters location only. Institution's lending activity may go beyond identified city.
Emergency Capital Investment Program Fact Sheet

Mississippi

 

For More Information: 

For Media Inquiries: 

For General Inquiries:

Please visit https://home.treasury.gov/policy-issues/cares/emergency-capital-investment-program

Please contact the U.S. Treasury Press Office at (202) 622-2960

Please email ecip@treasury.gov for additional information

Institution Headquarters City Type Award Amount 

First Southwest Corporation McComb, MS CDFI $ 14,000,000 

Franklin Bancshares, Inc. Meadville CDFI $ 29,873,000 

Genesis Bancorp, Inc. Flowood CDFI $ 3,631,000 

Guaranty Capital Corporation Belzoni CDFI $ 183,761,000 

Holly Springs Bancshares Inc. Holly Springs CDFI $ 38,322,000 

Hope Federal Credit Union Jackson CDFI & MDI $ 92,569,000 

Lafayette Bancorp, Inc. Oxford CDFI $ 31,177,000 

Mechanics Banc Holding Company Water Valley CDFI $ 43,585,000 

Merchants & Marine Bancorp, Inc. Pascagoula CDFI $ 50,595,000 

Merchants and Planters Bank Raymond CDFI $ 18,470,000 

PCNB CORP. McComb CDFI $ 48,300,000 

Planters Holding Company Indianola CDFI $ 196,433,000 

PriorityOne Capital Corporation Magee CDFI $ 88,622,000 

Pyramid Financial Corporation Anguilla CDFI $ 4,609,000 

RiverHills Capital Corporation Vicksburg CDFI $ 17,500,000 

Southwest Security, Inc. Natchez CDFI $ 65,995,000 

The Magnolia State Corporation Bay Springs CDFI $ 30,000,000 

List continued from previous page.

Note: Headquarters City indicates institution headquarters location only. Institution's lending activity may go beyond identified city.