The nine-member Minority Depository Institutions Subcommittee to the Federal Deposit Insurance Corp.’s (FDIC) Advisory Committee on Community Banking is set to meet virtually Monday, the agency said Friday, with closed meeting discussion held to prepare […]
A request for information (RFI) on aspects related to the future of a virtual examination program was issued by the federal regulator of credit unions during its open meeting Thursday for a 60-day comment period. The […]
A report on the federal bank deposit insurer’s efforts to promote minority depository institutions (MDIs) throughout 2019 shows there were 144 federally insured MDIs – down by a net four institutions from the previous year […]
June 30 is the deadline to apply for mentoring grants of up to $25,000 for small, low-income credit unions certified as minority depository institutions (MDIs), their federal regulator said Wednesday in a reminder. According to […]
A two-day Minority Depository Institution (MDI) Forum taking place at the Treasury Department and the National Credit Union Administration (NCUA) next week, March 3 and 4, is open to credit unions on a first-come, first-served […]
Reducing regulatory burden is “one of the most important ways” to help minority depository institutions (MDIs), a governor of the Federal Reserve Board said Tuesday, citing implementation by the agency of provisions in last year’s […]
Financial performance at minority depository institutions (MDIs) over the past five years has significantly improved, both in revenue generation and loan performance, a new study from the federal insurer of bank deposits has found. In […]
The board chairman of the federal insurer of bank deposits, and the community bank representative on the nation’s central bank board, are featured speakers for a conference in two weeks about promoting and preserving community […]
Focus on the Future: Prospering in a Changing Industry Sponsored by The Federal Deposit Insurance Corp. (FDIC), Federal Reserve Board, and Office of the Comptroller of the Currency (OCC) Interagency conference for FDIC-insured minority depository […]
Noting that collaboration with Minority Depository Institutions (MDIs) provides “viable options for sound and profitable lending and investments” in underserved communities, the Federal Deposit Insurance Corp. (FDIC) Friday released a guide for banks and others […]
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