Learn more about Minority Depository Institutions (MDIs)
National Bankers Association
Why is the National Bankers Association (NBA) working to capitalize, modernize, and strengthen Minority Depository Institutions (MDIs)? Learn more about the significance of MDIs and why their survival is crucial to eliminate the racial wealth gap.
Currently, there are over 140 Minority Depository Institutions (MDIs) located across 28 states, the District of Columbia, Puerto Rico, and Guam.
Download the NBA's MDI infographic.
Published April 6, 2023
Professional Education Grants for MDIs
MinBanc Foundation, Inc.
MinBanc Foundation offers a unique and essential support system to minority depository institutions by providing tuition reimbursement for high-level, bank-focused training. Take advantage of up to $5,000 per calendar year in professional education grants for employees looking to grow their team and attend professional development trainings and industry events.
Key Grant Factors:
Grants are offered as tuition reimbursement. Travel and any expenses (hotel, meals, etc.) related to attending the course(s) are not eligible for reimbursement.
Grants are awarded to employees at the management or officer level.
Grant requests are viewed and approved on a quarterly basis.
Grant requests are accepted on a rolling basis but must be submitted for coursework completed within the last ninety (90) days.
Insights from Deloitte
As Citi and Deloitte collaborate as part of the OCC's Project REACh, Deloitte is happy to share technical insights and learning opportunities to help MWDI executives stay on top and ahead of industry trends. On a monthly basis, NBA will be sharing a newsletter provided by Deloitte featuring up-to-date content on Marketing and Brand Management, Retail Banking, Product Distribution and Management, Technology in Banking Operations and Processes, Talent Management, COVID-19, Banking Industry Trends, and much more.
Marketing and Brand Management
Production Distribution and Management
Technology in Banking Operations and Processes
Banking Industry Trends, and much more.
14 Strategies for Partnering with Mission-Focused Banks
Strategies designed to help people build meaningful lives in which they can experience health and well-being, pursue effective education and gainful employment, and access the resources required to create ever-expanding opportunities for themselves and their broader communities.
Office of the Comptroller of the Currency
Project REACh promotes financial inclusion through greater access to credit and capital. Project REACh convenes people with the ability to help solve inherent policy problems so underserved populations may have the same opportunities to succeed and benefit from the nation's financial system as others. The group identifies and works to reduce barriers to access that exist at the national or local levels to expand access to credit and capital.