ABA: OCC policy changes create uncertainty about minority deposit institution status
In a new letter, ABA cited several concerns about the OCC’s recent revisions to its standards for designating minority deposit ...
Tag: Minority depository institutions
OCC revises how it designates minority depository institutions
The OCC has amended the criteria it uses to designate financial institutions as minority depository institutions, including the removal of ...
Shooting for his dream
Harrison Barnes, whose San Antonio Spurs are competing in the NBA Finals this week, translates success from basketball to banking.
House passes bills to streamline community bank reg burden
The TRUST Act and SMART Act would raise the threshold to $6 billion in assets for well-managed, well-capitalized banks to ...
Bankers seek to communicate MDI value at D.C. summit
Representatives from minority depository institutions gathered in Washington, D.C, this week for the fifth annual MDI Partnership Summit, where they ...
Kelly encourages ‘attitude of gratitude’ in first remarks as ABA chair
In his first keynote speech as ABA chair, Kenneth Kelly, chairman and CEO of First Independence Bank in Detroit, Michigan, ...
Minority banks and mortgages
How MDIs power the American dream amid an affordability crisis.
ABA Foundation launches guide for nonprofits on forming bank partnerships
The American Bankers Association Foundation released a new resource for nonprofit organizations on how to establish and maintain bank partnerships.
House bill would codify bank protégé program
An Ohio lawmaker reintroduced legislation to codify a Treasury Department program that pairs small and rural financial institutions with large ...
At the intersection of opportunity and need
Where minority bank branches are located and how they fuel small business lending and growth in their markets.
