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City National Bancshares Corporation
900 Broad StreetNewark NJ, 07102
CDFI Awards for City National Bancshares Corporation
FA (2007) - $542,705
City National Bancshares Corporation (CNBC) is a for-profit bank holding company established in 1983. It is a certified CDFI, primarily serving minorities in the northern New Jersey and New York City area. CNBC will use its FY07 Financial Assistance award as loan loss reserves for its new micro loan product geared toward small businesses. It will use its Technical Assistance award to: 1) implement a document imaging system to convert paper files to electronic images; and 2) to move compliance fields and portfolio monitoring fields from a database to a core processing system.
Other Community Development Financial Institutions in New Jersey
Elizabeth Development Company
Elizabeth
Featured Government Grant Resources
Small Business Administration's Portable Assistance Program
The Small Business Administration has established the Portable Assistance Program wherein they seek to provide grants to Small Business Development Lead Centers that provide services to small businesses in an effort to increase the success of small business establishments and their viability in certain communities where economic hardship is apparent and is attributable to the impact of a major disaster.
National Endowment for the Humanities: National Digital Newspaper Program
The goal of the National Digital Newspaper Program is to crate a national digital resource of historically significant newspapers published between the years 1836 and 1922, from all of the States and its territories.
Social Entrepreneurship
Spotlight
Social Enterprises Create ‘Buy Social’ Campaign
Research finds that a great number of social enterprises, businesses with social or environmental goals which reinvest their profits, are trading more with consumers all year round, not just during the holidays.
