Preserving Minority Depository Institutions
Conclusion
The Federal Reserve System supports an inclusive financial system and understands the challenges inherent in providing access to credit and services in traditionally underserved areas. As such, the System remains committed to identifying additional opportunities to support the preservation of MDIs. For 2016, the Federal Reserve will work to raise the profile of the PFP program to internal BS&R and Community Development staff around the System so as to deliver enhanced and coordinated resources to all MDIs.
Last update: July 26, 2016