FDIC Chairman Jelena McWilliams Announces New Mission-Driven Bank Fund
Microsoft and Truist sign on as anchor investors, Discovery joins as founding investor. Read more.
The FDIC today announced the launch of a new Mission-Driven Bank Fund, a capital investment vehicle being developed by the FDIC to support insured Minority Depository Institutions (MDIs) and Community Development Financial Institutions (CDFIs).
If you are in one of the millions of U.S. households without a bank account, and you are looking to open an account, there are resources available to help you get started. Banking relationships generally begin with a checking or savings account, and may lead to low-interest loans and mortgages. Learn more about the top reasons to open a bank account.
This series, in partnership with the Santa Clara University (SCU) Leavey School of Business, builds on the themes of the 2019 FDIC FinTech Research Conference, highlighting the opportunities and challenges for financial institutions, consumers, and the financial system created by the use of big data and applied technologies.