Federal Reserve Board Clarifies Guidance as it Relates to Definitions for Minority Depository Institutions

Orrick - Finance 20/20
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Orrick - Finance 20/20

On March 5, the Federal Reserve Board clarified guidance as it relates to definitions for minority depository institutions (MDIs) by expanding the MDI definition to include women-owned financial institutions, and highlighting resources available to MDIs through its Partnership for Progress (PFP) program. Release.

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