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Minority Depository Institutions Program

Last Updated: September 8, 2023

MDI Subcommittee of the FDIC’s Advisory Committee on Community Banking

FDIC’s MDI Subcommittee Meeting on May 31, 2023
FDIC’s MDI Subcommittee Members From left seated to standing: Deron Burr, Alden J. McDonald, Jr., FDIC Chairman Martin J. Gruenberg, Russell Lau, Jeff Bowman, Gilbert Narvaez, Warren Huang, Doyle Mitchell, Farid Tan, and Angel Reyes

FDIC’s MDI Subcommittee meeting on May 31, 2023 From left: Warren Huang, Acting Comptroller Michael J. Hsu, FDIC Vice Chairman Travis Hill, FDIC Chairman Martin J. Gruenberg, Jeff Bowman, Doyle Mitchell, Farid Tan, and Russell Lau

FDIC’s MDI Subcommittee meeting on May 31, 2023 From left: Deron Burr, Gilbert Narvaez, Alden J. McDonald, Jr., Warren Huang, FDIC Vice Chairman Travis Hill, FDIC Chairman Martin J. Gruenberg, and Jeff Bowman

The Minority Depository Institutions (MDI) Subcommittee of the FDIC’s Advisory Committee on Community Banking (CBAC) provides advice to CBAC regarding the FDIC’s MDI program. It serves as a source of feedback for FDIC strategies to fulfill its statutory goals to preserve and promote MDIs. The MDI Subcommittee provides a platform for MDIs to promote collaboration, partnerships, and best practices, and it identifies ways to highlight the work of MDIs in their communities.

The MDI Subcommittee meets biannually at the FDIC Headquarters in Washington, DC. The FDIC Chairman, Martin Gruenberg, will host the next meeting on October 4, 2023 at 1 p.m. Eastern Time. If you are interested in viewing the public session, please direct your inquiry to MDIProgram@fdic.gov.

MDI Subcommittee Members - 2023

Claude (Jeff) J. Bowman, President and CEO, Bay Bank, Green Bay, Wisconsin

Deron Burr, President and CEO, People's Bank of Seneca, Seneca, Missouri

Warren Huang, General Counsel, Amerasia Bank, Flushing, New York

Russell Lau, Chairman and CEO, Finance Factors, Ltd., Honolulu, Hawaii

Alden J. McDonald, Jr., President and CEO, Liberty Bank and Trust Co., New Orleans, Louisiana

B. Doyle Mitchell, President and CEO, Industrial Bank, Washington, District of Columbia

Gilbert Narvaez, Jr., President and CEO, Falcon International Bank, Laredo, Texas

Angel Reyes, President, Centinel Bank of Taos, Taos, New Mexico

Farid Tan, President and CEO, Metro City Bank, Doraville, Georgia

MDI Subcommittee Goals

MDI Subcommittee Goals - PDF

MDI Subcommittee Meeting Videos

May 31, 2023 Meeting
October 25, 2022 Meeting
May 23, 2022 Meeting

Meeting Video Archive (2020 – 2021)