Living legend credits banking for success
Virginia Ali, owner of historic D.C. landmark Ben’s Chili Bowl, got her start at a community bank
Tag: Minority depository institutions
Report finds MDIs key to closing racial wealth gap
Assets at minority depository institutions grew from $246 billion in 2010 to $329 billion in 2022, with a significant amount ...
Report outlines policy strategies to support digitalization for mission-based banks
To help support minority depository institutions and community development financial institutions advance in digital transformation, policymakers and regulators must address ...
ABA, National Bankers Association hold first MDI partnership summit
During the first MDI Partnership Summit held this week in Orlando, Florida, participants from minority depository institutions and banks across ...
Podcast: A classic love story gets its start in a D.C. bank branch
For Valentine's Day, the ABA Banking Journal Podcast brings you a classic bank-meets-girl-meets-boy love story.
Black History Month: Maggie L. Walker’s Historic Mission of Financial Empowerment
The story of Maggie Lena Walker and her mission to help Black women find financial empowerment and professional career opportunities.
CDFI Fund seeks feedback on criteria for designating ‘minority lending institutions’
The Community Development Financial Institutions Fund is asking for public feedback to refine the criteria it should use to designate ...
FDIC establishes process for MDI designation
The FDIC outlined a new process by which banks may apply for designation as a minority depository institution.
National Bankers Association partners on program to help close the racial wealth gap
The National Bankers Community Alliance, the nonprofit arm of the National Bankers Association, launched a financial wellness program to help ...
ABA and banking groups ask Treasury for flexibility in scheduling ECIP closing dates
The American Bankers Association and several trade groups sent a joint letter to Treasury Secretary Janet Yellen, once again urging ...
