There are a number of minority bank events occurring this Tuesday:
- FDIC Board Meeting:10:00 a.m. on Tuesday, June 15, 2021. Federal Deposit Insurance Corporation’s Board of Directors will meet in open session to consider a memorandum and resolution re: Final Policy Statement Regarding Minority Depository Institutions. Visit http://fdic.windrosemedia.com to view the live event.
- Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, will join Vice President Kamala Harris, Treasury Secretary Janet Yellen, Senator Mark Warner (D-VA), and Opportunity Finance Network President and CEO Lisa Mensah at the White House to discuss the importance of minority banks, community-based lenders, and the need to support small and minority-owned businesses. WHAT: White House Community Development Financial Institutions Funding Announcement Event. WHO: Vice President Kamala Harris. Treasury Secretary Janet Yellen. Chairwoman Maxine Waters (D-CA). Senator Mark Warner (D-VA). Lisa Mensah, President and CEO, Opportunity Finance Network. WHEN: Tuesday, June 15 at 1:00 p.m. ET. The White House event will be live streamed at https://www.whitehouse.gov/live
- Georgetown University Law Center will host a conversation on what Black and Brown banks need to compete in a digital economy. RSVP at: https://www.eventbrite.com/e/can-black-and-brown-banks-compete-in-a-digital-economy-tickets-155673261917
We still feel that Black banks, in particular, are too small to make a difference. As we said on NPR, "Organizations have the resources to honor diversity and equity promises, but structural and cultural problems, as well as a lack of accountability, are hindering their ability to follow through.." See: https://wdet.org/posts/2021/05/28/91024-some-companies-have-done-better-than-others-keeping-racial-justice-pledges/