FDIC: Minority Depository Institutions Program
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Minority
Depository Institutions (MDIs) often play a unique role in promoting
the economic viability of under-served communities. The FDIC has historically
taken steps to preserve and encourage minority ownership of insured
financial
institutions. On April 9, 2002, the FDIC Board adopted a Policy
Statement Regarding Minority Depository Institutions.
The
Policy Statement addresses changes in certain regulations and expanded the FDIC's Minority
Depository Institutions Program. Enhancements to the
program included increased communication with Minority Depository
Institutions, better coordination with trade associations that represent
Minority Depository
Institutions, definitions of the roles of a national program coordinator
and regional coordinators, and more opportunities for institutions
to request technical assistance.
As noted
throughout this website, the FDIC offers a variety of resources
and activities for MDIs. Please review these resources and if you have
any questions or comments please feel free to contact one of the
Regional Coordinators or provide feedback
via the “Tell Us How We Are Doing” section of the website.
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