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Meeting: FDIC Minority Depository Institutions (MDI) Subcommittee
April 12 @ 1:00 pm - 3:00 pm
The Federal Deposit Insurance Corp.’s (FDIC) Minority Depository Institution (MDI) Subcommittee to the Advisory Committee on Community Banking will meet. Open session discussion will include insights into key challenges and opportunities facing MDI communities and financial institutions; an “MDI Spotlight” will include discussion of collaboration best practices by a group of Black MDIs that came together to syndicate a $35 million loan to refinance the Atlanta Hawks Emory Sports Medicine Complex. Following the public meeting, MDI Subcommittee members will provide feedback on the FDIC’s strategies to preserve and promote MDIs. Topics include the U.S. Department of the Treasury’s new ECIP, which is taking applications now from MDIs and certified community development financial institutions (CDFIs).