Community Development Financial Institutions
Waters, Meeks Introduce Financial Lending Bill to help Minorities
[Community Banking] Rep. Waters: “During this crisis, CDFIs and MDIs have provided a financial lifeline and have been very effective at getting much needed ...
ONEUNITED BANK, LARGEST BLACK OWNED BANK, LAUNCHES SBA PAYCHECK PROTECTION PROGRAM
[ONEUNITED BANK\SBA PAYCHECK PROTECTION PROGRAM] OneUnited has unique access to $30 billion of stimulus funding that was allocated to Minority Depository Institutions (MDIs) and ...
WATERS: COMMUNITY FINANCIAL INSTITUTIONS MUST BE INVOLVED IN HELPING SMALL BUSINESSES
[Community Financial Institutions] The PPP allows financial institutions to provide forgivable loans to small businesses so they can keep employees on their payroll while ...