Overview

The Federal Reserve Bank of Richmond will host a special invitation-only program for bank representatives who are interested in learning more about community development financial institutions (CDFIs). This program will be held concurrently with the 2010 Opportunity Finance Network Southeast Regional Meeting on July 19-20.

One panel will discuss some of the key questions that bankers have about partnering with Community Development Financial Institutions (CDFIs) such as:

• What are the incentives for banks to partner with CDFIs?
• How do I find the right CDFI partner for my bank?
• Do CDFIs ever compete with banks?
• Are there risks to partnering with CDFIs?

A second panel of bank examiners will describe the regulator's perspective on bank investments in CDFIs, including criteria for both CRA and safety and soundness examinations. One of the goals of this program is to provide financial institutions with the chance to learn about potentially profitable and CRA-eligible investment opportunities with CDFIs throughout the Southeast region.

Audience

Bank representatives interested in learning more about community development financial institutions (CDFIs).

Resources/Presentations

Agenda

Introduction to Community Development Financial Institutions (CDFIs)

Community Lenders Can Offer Start-Ups a Lift, Emily Maltby of the Wall Street Journal

Save the Date: Opportunity Finance Network Conference, November 2-5, 2010

Registration

Deadline: June 29, 2010

Registration has closed. Thank you for your interest.