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Community Highlights

Meet the Federal Reserve: Highlights from Washington, D.C.

On October 21, 2019, the Richmond Fed led a networking breakfast at the Opportunity Finance Network Annual Conference in Washington, D.C. The breakfast, entitled “Meet the Federal Reserve,” was designed to facilitate connections between the 50 leaders of community development financial institutions (CDFIs) in attendance and representatives from the 12 regional Federal Reserve Banks. CDFIs are specialized financial institutions operating in markets that are underserved by traditional financial institutions. The event opened with a presentation on the Federal Reserve’s 2019 CDFI Survey and updates from select Federal Reserve Banks on their work with CDFIs — from the St. Louis Fed’s 2020 CDFI Symposium to the Minneapolis Fed’s ongoing capacity-building to support Native CDFIs. By organizing events like this, the Richmond Fed supports the work of CDFIs and helps encourage equitable access to capital in all communities.

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