FDIC debuts online tool to promote creation of minority banks
The FDIC has released a new online tool to help financial institutions, investors and others identify neighborhoods that could benefit ...
Tag: Minority depository institutions
Podcast: How a Latin American banking franchise is growing in South Florida
Miami is often described as the northernmost city in Latin America, or sometimes as Latin America's business capital. Banesco USA ...
ABA: Proposed changes to financial aid program could harm CDFI, MDI participation
ABA raised several concerns about proposed changes to a Treasury Department program that invests in CDFIs and minority depository institutions ...
Fed’s Bowman touts benefits of banks, CDFIs in rural communities
Smaller banks, including community banks, are indispensable in providing access to financial products and services, especially in remote or rural ...
Mission Driven Bank Fund announces new investments in CDFI, MDI banks
Latest investments support banks serving communities of color in California and Florida.
OCC seeks nominations for minority depository, mutual savings advisory committees
The OCC is seeking nominations for its advisory committees on minority depository institutions and mutual savings associations.
FDIC names four bankers to MDI subcommittee
The FDIC named four new bankers as members of the agency's Minority Depository Institutions Subcommittee.
First Independence Bank’s Kelly named MBA Banker of the Year
The Michigan Bankers Association recently named Kenneth Kelly, chairman and CEO of First Independence Bank, as the recipient of the ...
Podcast: MDI status helps a mutual bank supercharge its strategy
Late in 2023, Warsaw Federal -- a $71 million mutual savings and loan in Cincinnati -- was officially designated as ...
Thurlow: Bank/MDI partnerships are a win for communities
ABA Chair Julieann Thurlow noted the importance—and mutual benefits—of partnerships between banks and minority depository institutions during a summit hosted ...
