OCC’s Minority Depository Institutions Advisory Committee Charter Renewed

News Release 2022-85 | July 19, 2022

WASHINGTON — The Office of the Comptroller of the Currency (OCC) has renewed the charter of its Minority Depository Institutions Advisory Committee (MDIAC), which assists the OCC in assessing the needs and challenges facing minority depository institutions.

“The OCC places great importance on the input we receive from the members of the Minority Depository Institutions Advisory Committee,” said Acting Comptroller of the Currency Michael J. Hsu. “These institutions are critical resources and key drivers of economic growth for individuals and businesses in the diverse communities they serve.”

The MDIAC provides advice to the Comptroller of the Currency about minority depository institutions, their current condition, potential regulatory changes that may promote their health and viability, and other issues affecting these institutions. The committee includes officers and directors of minority depository institutions of all types, sizes, operating strategies, and geographic areas, as well as from other depository institutions committed to supporting minority depository institutions.

Related Links

Media Contact

Brian Walch
(202) 649-6870

IR Press

Share
Published by
IR Press

Recent Posts

OCC Announces Enforcement Actions for November 2024

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released enforcement actions taken against…

9 hours ago

Treasury Sanctions Gazprombank and Takes Additional Steps to Curtail Russia’s Use of the International Financial System

Treasury imposes sanctions on dozens of Russian banks, securities registrars, and finance officials; OFAC issues…

1 day ago

Acting Comptroller Testifies on State of the Federal Banking System

WASHINGTON—Acting Comptroller Michael J. Hsu today testified on the state of the federal banking system…

1 day ago

Remarks by Assistant Secretary for International Finance Brent Neiman on the U.S. Cross-Border Payments Agenda

As Prepared for Delivery Thank you very much for the opportunity to be here today, and…

3 days ago

Remarks by Assistant Secretary for Investment Security Paul Rosen at the Third Annual CFIUS Conference

As Prepared for Delivery Good afternoon.  I’d like to start by thanking our panelists today for…

3 days ago