Partnership for Progress: A Program for Minority-Owned and De Novo Institutions
Time 2020-07-05 18:02:54Web Name: Partnership for Progress: A Program for Minority-Owned and De Novo Institutions
WebSite: http://www.fedpartnership.gov
ID:20010
Keywords:
Program,Minority,Progress,Description:
Partnership for Progress is a Federal Reserve System program created to preserve and promote minority-owned institutions andenhance their ability to thrive in an increasingly competitive banking environment. Supporting minority-owned institutions is fundamental to the Federal Reserve's mission to provide a safe, sound, andaccessible banking system that protects consumers and promotes competition. Learn more about the Partnership forProgress program and read apress release from theBoard of Governors. Start a Bank Banks in Planning Stage Covers topics related to charter selection, filing a membership application, and certain challenges start-up institutions face. Manage Transition For Banks 0-5 Years Designed for new institutions (typically five years old and younger) trying to reach and maintain stable performance in a competitive banking environment. Grow Shareholder Value For Banks 5+ Years Designed for mature institutions striving to achieve growth targets in a safe and sound manner.TAGS:Program Minority Progress
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