FDIC teams with Discovery, Microsoft for $120 million minority-owned bank fund - NewsBreak
By Gesard in Business
Updated 3 years ago
The Federal Deposit Insurance Corporation on Thursday unveiled a new fund to increase investments made with the nation's minority-owned and mission-driven banks, helping them expand economic opportunities in the communities they serve. The FDIC said the Mission-Driven Bank Fund has raised at least $120 million since 2019 from a number...