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FDIC to Unveil Online Tool to Promote Creation of New Minority Banks at the Minority Depository Institutions Subcommittee Meeting

News Financial services General Updates
Date: 5th Nov, 2024 Source: Federal Deposit Insurance Corporation Country: USA Original Source

Brief

On "November 6, 2024", the Federal Deposit Insurance Corporation will present a new online tool to support minority banking opportunities. The Minority Banking Opportunity Explorer aims to assist financial institutions and groups in exploring potential business opportunities in underserved areas. The FDIC's Director, Betty Rudolph, emphasizes the tool's role in promoting mission-driven banks and supporting existing minority depository institutions.

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Federal Deposit Insurance Corporation

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