FDIC Hosts Interagency Conference Focusing on Minority Depository Institutions — 2019-06-25

Announces New MDI Initiatives and Publishes Results of New MDI Study The Federal Deposit Insurance Corporation (FDIC) hosted the 2019 Interagency Minority Depository Institution and CDFI Bank Conference this week in partnership with the Federal Reserve Board and the Office of the Comptroller of the Currency. The two-day conference, held June 25–26, 2019, includes discussions on a wide range of topics related to minority depository institutions (MDIs), such as innovation, supervision, cybersecurity, and federal programs supporting MDIs. “The health of Minority Depository Institutions (MDIs) is essential to the health of our nation’s financial system. FDIC is dedicated to preserving and promoting the financial strength of MDIs. The vitality of these banks is critical given their role in supporting the economic well-being of minority and traditionally underserved communities,” said FDIC Chairman Jelena McWilliams in her opening remarks.