FDIC Advisory Committee to Discuss Economic Inclusion in Upcoming Meeting
FDIC Advisory Committee on Economic Inclusion to Meet Next Week
The Federal Deposit Insurance Corporation (FDIC) Advisory Committee on Economic Inclusion (ComE-IN) is set to meet on Thursday, November 2, 2023. This crucial meeting will address updates from Committee members regarding the key challenges faced by their communities and organizations. The agenda includes panel presentations on various topics such as the final Community Reinvestment Act (CRA) rule, research informing the next FDIC multi-year economic inclusion strategic plan, and recent marketplace developments related to bank small-dollar lending programs.
The meeting will be webcast live at http://fdic.windrosemedia.com starting at 9:00 a.m., ET. It provides an opportunity for stakeholders to gain insights into the discussions surrounding economic inclusion and access to banking services for underserved populations.
Two New Members Announced
The FDIC has announced the addition of two new members to the ComE-IN:
1. Ida Rademacher – Vice President, Aspen Institute, Co-executive Director, Aspen Financial Security Program, Washington, D.C.
2. Marietta Rodriguez – President and CEO, NeighborWorks America, Washington, D.C.
These new members bring valuable expertise and perspectives to the committee, enhancing its ability to address economic inclusion effectively.
The Importance of Economic Inclusion
Economic inclusion is a critical aspect of fostering equitable access to financial services for all individuals and communities. The FDIC Advisory Committee on Economic Inclusion plays a vital role in advising the FDIC on initiatives aimed at expanding access to banking services for underserved populations.
By discussing key challenges and developments, the committee seeks to identify innovative solutions and provide recommendations to promote economic inclusion. The discussions during this upcoming meeting will contribute to the formulation of strategic plans to address these challenges effectively.
FAQs
What is the FDIC Advisory Committee on Economic Inclusion?
The FDIC Advisory Committee on Economic Inclusion (ComE-IN) was established by the FDIC Board of Directors in November 2006. Its purpose is to provide advice and recommendations to the FDIC on important initiatives to expand access to banking services for underserved populations.
Who are the new members added to the ComE-IN?
The two new members recently added to the ComE-IN are Ida Rademacher, Vice President of the Aspen Institute and Co-executive Director of the Aspen Financial Security Program, and Marietta Rodriguez, President and CEO of NeighborWorks America.
What topics will be discussed in the upcoming meeting?
The agenda for the upcoming meeting includes discussions on the final Community Reinvestment Act (CRA) rule, research informing the next FDIC multi-year economic inclusion strategic plan, and recent marketplace developments related to bank small-dollar lending programs.
Where can I watch the meeting?
The meeting will be webcast live at http://fdic.windrosemedia.com starting at 9:00 a.m., ET.
For more information about the FDIC Advisory Committee on Economic Inclusion and its initiatives, please visit http://www.fdic.gov/about/comein/.
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