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Minority Depository Institutions Program

Last Updated: April 11, 2024

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

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

FDIC’s MDI Subcommittee Members 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 Former and Current Members Group Photo on May 31, 2023 From left: former member Deron Burr, former member Gilbert Narvaez, former member 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 preside over the next meeting on May 1, 2024 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 - 2024

John Tom Anderson, President and CEO, F&M Bank, Crescent, Oklahoma

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

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

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

John Lewis, President and CEO, The Harbor Bank of Maryland, Baltimore, Maryland

Alfonso Macedo, President & CEO, Ocean Bank, Miami, Florida

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

Arturo (Art) Ortega, Chairman and CEO, Freedom Bank, Alamo, Texas

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

MDI Subcommittee Goals

MDI Subcommittee Goals - PDF

MDI Subcommittee Meeting Videos

October 4, 2023 Meeting
May 31, 2023 Meeting
October 25, 2022 Meeting
May 23, 2022 Meeting

Meeting Video Archive (2020 – 2021)