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News Release 2018-71 | July 10, 2018

OCC's Minority Depository Institutions Advisory Committee Charter Renewed

WASHINGTON—The Office of the Comptroller of the Currency (OCC) has renewed the charter of its Minority Depository Institutions Advisory Committee (MDIAC), which advises the agency on issues and opportunities facing minority depository institutions.

"The Minority Depository Institutions Advisory Committee has a long history of offering the OCC an invaluable perspective on the business environment affecting minority depository institutions and their customers," said Comptroller of the Currency Joseph Otting. "We're pleased that the committee members will continue to contribute their valuable insights and offer their voices around the issues affecting these institutions and the communities they serve."

The MDIAC provides advice to the Comptroller of the Currency about minority depository institutions, their current condition, potential regulatory changes that may promote their health and viability, and other issues affecting these institutions. The committee includes officers and directors of minority depository institutions of all types, sizes, operating strategies, and geographic areas, as well as from other depository institutions committed to supporting minority depository institutions.

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