Community First Bank in Partnership with FHLBank Indianapolis Awards Elevate Small Business Grant to Two Local Companies

August 26, 2024 – Community First Bank of Indiana (CFB), a member of the Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis), has helped to secure a $20,000 Elevate Small Business grant for Right Path Physical Therapy and Performance Academy LLC, as well as a $20,000 Elevate Small Business grant for All God’s Creatures pet grooming.

With an Elevate grant, these two organizations can expand or train new or retain existing workers.

“Small businesses are the foundation of our communities. We believe that strong small businesses generate more economic opportunities for everyone. At Community First Bank, we’re working to help them thrive,” said Caroline Jewell, CFB Mortgage Loan Officer who assisted the recipients with their grant applications.

The FHLBank Indianapolis Elevate grant is open to all for-profit Indiana and Michigan businesses with annual revenue of less than $1 million. Annually, applications are evaluated based on feasibility and proposed impact on the local community.

In total, this year FHLBank Indianapolis awarded $1,009,561 in Elevate grants to small businesses looking to take their success to the next level.

About the bank: Community First Bank of Indiana (CFB) was chartered in 2003 in Kokomo, Indiana and is committed to keeping outstanding customer service, local decision-making, and relationship-building at its core. The locally owned and operated bank currently has offices in Fishers, Indianapolis, Kokomo, Noblesville, and Westfield. Bank mission: We partner with you to build a better future. Additional information can be found at www.CFBIndiana.com. Member FDIC. Equal Housing Lender. Bank NMLS: 614034. 

Federal Home Loan Bank of Indianapolis: Building Partnerships. Serving Communities. FHLBank Indianapolis is a regional bank included in the Federal Home Loan Bank System. FHLBanks are government-sponsored enterprises created by Congress to ensure access to low-cost funding for their member financial institutions, with particular attention paid to providing solutions that support the housing and small business needs of members’ customers. FHLBanks are privately capitalized and funded and receive no Congressional appropriations. FHLBank Indianapolis is owned by its Indiana and Michigan financial institution members, including commercial banks, credit unions, insurance companies, savings institutions and community development financial institutions. For more information about FHLBank Indianapolis, visit www.fhlbi.com.