OCC: Minority Depository Advisory Committee Charter Renewed

WASHINGTON – The Office of the Comptroller of the Currency (OCC) has renewed the charter of its Minority Depository Institutions Advisory Committee (MDIAC), which advises the agency on issues and opportunities facing minority depository institutions.

“The Minority Depository Institutions Advisory Committee provides the OCC with an invaluable perspective on the business environment affecting minority depository institutions and their customers,” said Comptroller of the Currency Thomas J. Curry. “We’re pleased that the committee members will continue to offer their voices to the issues affecting these important institutions and the communities they serve.”

The committee includes officers and directors of minority depository institutions and other depository institutions committed to supporting minority depository institutions of all types, sizes, operating strategies, and geographic areas. It provides advice to the Comptroller of the Currency and provides valuable insight into the condition of minority depository institutions, potential regulatory changes that may promote the health and viability of minority depository institutions, and other issues affecting these institutions.