Banking agency sets April 24 meeting of minority depository institutions advisory group

A federal banking regulator’s advisory group on minority depository institutions is set to hold a public meeting April 24 to advise the agency on steps to ensure the continued health and viability of minority depository institutions and other issues of concern to such institutions.

The meeting of the Minority Depository Institutions Advisory Committee (MDIAC) will be held at the headquarters of the Office of the Comptroller of the Currency (OCC); it’s set to begin at 8:30 a.m. EDT. Members of the public planning to attend have until April 17 to contact the OCC and provide needed information. Written statements may also be filed by that date. A notice scheduled to appear in the Federal Register Thursday (and linked below) provides details.

The MDIAC advises the OCC on issues and opportunities facing minority depository institutions. The committee includes officers and directors of minority depository institutions as well as other depository institutions committed to supporting minority depository institutions of all types, sizes, operating strategies, and geographic areas. The committee is designed to provide advice to help meet the goals of Section 308 of the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989.

OCC Minority Depository Institutions Advisory Committee meets April 24