Brainard Highlights CRA Reform Proposals for Minority Banks
Speaking to the National Bankers Association, Federal Reserve Governor Lael Brainard today highlighted four new provisions specific to minority depository ...
Tag: Minority depository institutions
McWilliams Emphasizes Innovation’s Role in Financial Inclusion
Financial innovation can deliver “tremendous benefits” to consumers and help minority depository institutions enhance participation in the mainstream financial system, ...
Podcast: Minority Banks and Financial Inclusion
First Independence Bank was founded 50 years ago to help rebuild Detroit's economy in the wake of damaging urban violence. ...
FDIC: Minority Bank Performance Remained Sound in 2019
Financial performance among minority depository institutions remained sound through the end of 2019, according to the FDIC's annual report on ...
ABA, National Bankers Association Announce Partnership to Strengthen Minority Banks
ABA this morning announced a strategic partnership with the National Bankers Association to promote the health and well-being of minority ...
House Passes ABA-Backed Bills to Support MDIs
The House Financial Services Committee today unanimously approved two ABA-supported bills intended to address the decline in minority depository institutions ...
ABA Urges Committee Approval for Minority Banking Bills
Ahead of a House Financial Services Committee vote today, ABA expressed support for legislation that addresses the decline in minority ...
McWilliams Outlines FDIC Steps to Strengthen Minority Banks
The FDIC is updating examiner instructions to help strengthen minority depository institutions, FDIC Chairman Jelena McWilliams said today in Washington.
FDIC Report: MDI Financial Performance Improved in Last Five Years
Financial performance among minority depository institutions has significantly improved in the last five years, particularly in terms of loan performance, ...
OCC Names Three New Members to Minority Advisory Board
The OCC yesterday announced the appointment of three new members to its Minority Depository Institutions Advisory Committee, all of whom ...
