Minority Depository Institutions
GPTKB entity
Statements (28)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:financial_services_company
|
| gptkbp:abbreviation |
MDIs
|
| gptkbp:criteria |
majority of voting stock owned by minority individuals
majority of board of directors are minority individuals serves predominantly minority community |
| gptkbp:definedIn |
Section 308 of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989
|
| https://www.w3.org/2000/01/rdf-schema#label |
Minority Depository Institutions
|
| gptkbp:includes |
African American-owned banks
Asian American-owned banks Hispanic American-owned banks Native American-owned banks |
| gptkbp:location |
gptkb:United_States
|
| gptkbp:monitors |
FDIC Minority Depository Institutions Program
|
| gptkbp:numberAsOf2023 |
approximately 143
|
| gptkbp:purpose |
promote economic viability in minority and underserved communities
|
| gptkbp:regulates |
gptkb:Federal_Deposit_Insurance_Corporation
gptkb:Federal_Reserve gptkb:Office_of_the_Comptroller_of_the_Currency |
| gptkbp:relatedLegislation |
gptkb:Dodd-Frank_Wall_Street_Reform_and_Consumer_Protection_Act
|
| gptkbp:relatedTo |
gptkb:Community_Development_Financial_Institutions
|
| gptkbp:reportingAgency |
gptkb:FDIC
|
| gptkbp:serves |
minority communities
|
| gptkbp:supportProgram |
Preservation and Promotion Program
|
| gptkbp:type |
gptkb:bank
thrift |
| gptkbp:website |
https://www.fdic.gov/resources/minority-depository-institutions/
|
| gptkbp:bfsParent |
gptkb:CDFIs
|
| gptkbp:bfsLayer |
7
|