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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Financial Institution Letters

FIL-64-2017
December 22, 2017

Collaborative Relationships with Minority Depository Institutions

Printable Format:

FIL-64-2017 - PDF (PDF Help)

Summary:

Insured depository institutions may realize business and regulatory benefits from partnerships and other collaborative relationships with minority depository institutions (MDIs). This Financial Institution Letter describes some of the ways that financial institutions, including community banks, can partner with MDIs to the benefit of all institutions involved, as well as the communities they serve.

Statement of Applicability to Institutions under $1 Billion in Total Assets: This Financial Institution Letter is applicable to all FDIC-supervised insured depository institutions.

Highlights:

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Note:

FDIC Financial Institution Letters (FILs) may be accessed from the FDIC's website at https://www.fdic.gov/news/news/financial/2017/.

To receive FILs electronically, please visit https://www.fdic.gov/about/subscriptions/fil.html.

Paper copies may be obtained through the FDIC's Public Information Center, 3501 Fairfax Drive, E 1002, Arlington, VA 22226 (877-275-3342 or 703-562-2200).

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