National Bankers Community Alliance
Powered by National Bankers Association
Providing Pathways to Financial Prosperity
To support member banks' efforts to assist our underbanked and unbanked consumers, the NBA launched the National Bankers Community Alliance. This 501(c)(3) helps support the mission of MDIs by addressing the root causes of the racial wealth gap, leveraging capital, sharing resources, and providing measurable pathways to prosperity in underserved communities.
Centuries of neglect have created a lack of trust between our communities and the traditional banking system, which has undoubtedly forced our banks to bear the brunt of responsibility for making financial services accessible. The National Bankers Association is proud to announce the Alliance as our next step toward elevating the impact of minority owned banks in the communities they serve."
- Robert E. James II, Chairman NBA
Our Money Matters
Financial Wellness involves delivering innovative tools and services to the traditionally excluded and underserved, and being smart about money makes perfect cents. National Bankers Community Alliance (NBCA) launched the personal finance program — Our Money Matters (OMM).
Through Wells Fargo Foundation's generous support, Our Money Matters (OMM) is a free resource available to anyone that aims to become financially equipped with free tools to learn how to budget, improve their credit score, qualify for a mortgage, invest in their future, and so much more.
Reach your financial goals one step at a time
National Bankers Community Alliance in partnership with AIR — the Alliance for Innovative Regulation and support from Citi Foundation's Community Finance Innovation Fund, created the MDI ConnectTech digitization initiative for Minority Depository Institutions (MDIs).
MDI ConnectTech will work with minority-owned and -operated banks to develop and integrate technology solutions that multiply their lending capacity and that increase the access to and the affordability of financial services to underserved customers.
MDI ConnectTech Digitization Program
for Minority Banks
How We Help
We know that minority owned and operated banks are at the center of serving communities that are traditionally overlooked and excluded by the mainstream banking system. These communities of color deserve equitable access to education, services and products that strengthen their financial goals and growth.
Financial Wellness involves delivering innovative financial programs, training, and services to traditionally excluded and underserved households, small businesses, and nonprofits to support asset accumulation and sustainability.
ENTREPRENEURSHIP & SMALL BUSINESS
Entrepreneurship & Small Business offers capacity-building services and access to capital programs for minority-owned and women-owned businesses to employ entrepreneurship and small business ownership as an asset-building tool.
Research and Impact Assessment leverages market-level social and economic impact data that identifies the root causes of disparity and informs the development of responsive products, services, and policies.
Capital Aggregation includes collaborative capital approaches that support large-scale, high-impact projects and advance operational efficiencies through shared resources.