New FDIC Reports Chart Continued Effect of Pandemic on Banks
Two reports released today by the FDIC provide data on consumer lending, deposit rates and branch closures in the wake ...
Tag: Minority depository institutions
ABA Raises Concerns With Treasury’s Emergency Capital Investment Program
The American Bankers Assocaition raised concerns today regarding documentation for the Treasury Department’s Emergency Capital Investment Program, a program aimed ...
Without ECIP Fix, Many Eligible CDFIs, MDIs Will Be Left Out of Key Investment Opportunity
Time is running out for the Federal Reserve to make a simple but critical fix to ensure infusions of funds ...
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.) ...
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 ...
