Crypto, Stablecoins Top Rep. Waters’ Agenda for 2022
The House Financial Services Committee will increase its focus on cryptocurrencies, including stablecoins, in 2022, Committee Chairwoman Maxine Waters (D-Calif.) ...
Tag: Minority depository institutions
Jelena McWilliams on Her Legacy at the FDIC
As the FDIC chief prepared to resign before her term was up, she discussed the agency's progress on innovation, financial ...
Podcast: Exit Interview with Jelena McWilliams, Part 2
McWilliams discusses several policy aspects of her tenure at the FDIC, including climate risk, small-dollar lending, CRA reform and the ...
ABA, Groups Seek Changes to Support Sub S, Mutual Banks Receiving ECIP Investments
With the Treasury Department investing $8.7 billion in community development financial institutions and minority depository institutions through its Emergency Capital ...
Treasury Announces $8.7B Investment in CDFIs, MDIs
The Treasury Department, through its Emergency Capital Investment Program, will invest $8.7 billion in community financial institutions, which includes community ...
FDIC Creates New Office to Support Mission-Driven Banks
The FDIC announced today that it is creating a new office to support its engagement with mission-driven banks, including minority ...
CDFI Announces 2021 Small Dollar Loan Program Awards
The Community Development Financial Institutions Fund today awarded more than $10.8 million in grants through the 2021 Small Dollar Loan ...
FDIC Launches Mission-Driven Bank Fund
The FDIC today launched its new mission-driven bank fund, through which private investors—including corporations, financial institutions and philanthropic organizations—have the ...
FDIC’s McWilliams Touts Agency’s Forward Looking Initiatives
Despite the pandemic, the FDIC has not lost sight of its forward-looking initiatives, FDIC Chairman Jelena McWilliams said today during ...
Getting Started with CDFI and MDI Partnerships
Creating more options for banks of all sizes to reach underserved communities.
