In Case You Missed It                                                                         September 16, 2021 

ICYMI | Chairman McWilliams Unveils Mission-Driven Bank Fund to Support MDIs and CDFIs

Microsoft and Truist sign on as anchor investors, Discovery joins as founding investor

Yesterday afternoon, Chairman McWilliams appeared on CNBC’s Closing Bell to launch the Mission-Driven Bank Fund, a capital investment vehicle to support Minority Depository Institutions (MDIs) and Community Development Financial Institutions (CDFIs). Chairman McWilliams announced the Fund’s anchor investors, Microsoft and Truist Financial Corp., along with founding investor, Discovery Inc., which have committed a combined $120 million to assist mission-driven institutions and the communities they serve. Click on the image below to watch the full interview, and read more about the genesis of the Fund on CNBC.com.

                                                                       
                                                                           ###

The FDIC does not send unsolicited e-mail. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe.