Supporting Mission-Driven Banks

All across our nation, minority banks and community development financial institutions work and lend in lower income communities where, if not for these banks, there would be no banking presence at all. FDIC Chairman Jelena McWilliams recently launched a first-of-its kind investment fund to support these banks. It’s called the Mission-Driven Bank Fund. In this episode, Chairman McWilliams speaks with two of the Fund’s anchor investors—Microsoft’s Anita Mehra and Truist Financial Corporation CEO William H. Rogers, Sr.