ICBA: ICBA Applauds House Passage of Bipartisan Housing Bill
The Independent Community Bankers of America (ICBA) applauded the House of Representatives for today’s bipartisan passage of its amended housing relief bill, which includes several ICBA-advocated community bank regulatory reforms and promotes housing affordability. “ICBA and the nation’s community banks strongly support bipartisan House passage of the amended housing bill, which includes pro-community bank regulatory…
ABA: Foundation Launches Guide for Nonprofits on Forming Bank Partnerships
The American Bankers Association Foundation today released a new resource for nonprofit organizations on how to establish and maintain bank partnerships. The guide, “The Power of Collaboration: A Guide for Nonprofits to Partner with Banks,” aims to help organizations learn more about the business of banking and how to foster strong, mutually beneficial partnerships that can lift…
HUD: $10 Million Funding Opportunity Announced to Support Housing and Community Development Research at Minority-Serving Institutions
Funding available for Historically Black Colleges and Universities, Hispanic-Serving Institutions, Tribal Colleges and Universities, and Alaska Native/Native Hawaiian-Serving Institutions. The U.S. Department of Housing and Urban Development (HUD) today announced the availability of $10 million in funding through its Office of Policy Development & Research (PD&R) to support eligible minority-serving institutions (MSIs) in researching critical housing and…
FDIC: New Online Tool Unveiled at the Minority Depository Institutions Subcommittee Meeting to Promote Creation of New Minority Banks
The Federal Deposit Insurance Corporation (FDIC) will introduce a new online tool to help financial institutions, investors, and other interested groups to identify neighborhoods that could benefit from banking services. The FDIC’s new Minority Banking Opportunity Explorer will be presented at a meeting of the agency’s Minority Depository Institutions (MDI) Subcommittee to the Advisory Committee on Community…
OCC: Minority Depository Institutions Advisory Committee Meeting Scheduled for September 24th
The Office of the Comptroller of the Currency (OCC) today announced it will host a public meeting of the Minority Depository Institutions Advisory Committee (MDIAC) on Tuesday, September 24, 2024. The meeting, which will be hosted in person and virtually, is open to the public and will begin at 8:30 a.m. Eastern Daylight Time (EDT)….
OCC: Minority Depository Institutions Advisory Committee Renewed and Nominations Open
The Office of the Comptroller of the Currency (OCC) has renewed the charter of its Minority Depository Institutions Advisory Committee (MDIAC) and is seeking nominations for its members. The MDIAC provides advice to the Comptroller of the Currency about minority depository institutions, their current condition, potential regulatory changes that may promote their health and viability,…
FDIC: Four Bankers Named to Minority Depository Institutions Subcommittee
May 1st meeting to address key challenges and opportunities for minority banks The Federal Deposit Insurance Corporation (FDIC) today announced four new members of the agency’s Minority Depository Institutions (MDI) Subcommittee to the Advisory Committee on Community Banking: On May 1, 2024, the MDI Subcommittee will meet to share insights into key challenges and opportunities…
OCC: Minority Depository Institutions Advisory Committee Meeting Scheduled for April 16th
The Office of the Comptroller of the Currency (OCC) today announced it will host a public meeting of the Minority Depository Institutions Advisory Committee (MDIAC) on Tuesday, April 16, 2024. The meeting, which will be hosted in person and virtually, is open to the public and will begin at 8:30 a.m. Eastern Daylight Time (EDT)….
CDFI Fund: More than $1.73 Billion Awarded in Response to Economic Impacts Caused by COVID-19 Pandemic
Funding will aid those communities experiencing disproportional economic effects of the pandemic Washington, DC – Today, Vice President Kamala Harris and Deputy Secretary of the Treasury Wally Adeyemo announced that the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has awarded over $1.73 billion in grants to 603 Community Development Financial Institutions…
OCC: Minority Depository Institutions Advisory Committee Meeting Scheduled for April 25th; Four New Members Appointed
The Office of the Comptroller of the Currency (OCC) today announced it will host a meeting of the Minority Depository Institutions Advisory Committee (MDIAC) and the appointment of four new MDIAC members. The MDIAC meeting will take place on Tuesday, April 25, 2023. The meeting, which will be held in person and virtually, is open…