Nonprofit organizations with a valid 501(c)(3) status that provide programs or services benefiting low- to moderate-income individuals and communities within Five Star Bank's service areas may be eligible.
Yes, eligible organizations must serve communities within Five Star Bank's designated CRA assessment areas.
Grants typically support initiatives related to affordable housing, economic development, financial literacy, workforce development, and other activities that benefit low- to moderate-income individuals and communities.
Organizations can apply by sending your completed application to our Community Development Director, Karla Gadley, via email at KJGadley@five-starbank.com. Download the application here.
Applicants should be prepared to provide details about their organization, the project's purpose, target audience, expected outcomes, budget and how it aligns with our CRA requirements. Download the application here.
Grant amounts vary based on available funding, project scope and community impact. Funding decisions are made on a case-by-case basis.
No, grants are awarded on an annual basis, and previous recipients must reapply for consideration.