Bank Vault

What are MDI’s and the benefits of partnering with one?

Do you ever feel hesitant to engage with organizations in your community because you are unsure if the activity will qualify for CRA? You are not alone. Inconsistencies among the agencies as to what qualifies as CRA eligible activity can cause confusion and make discerning worthwhile partnerships from not-so-worthwhile partnerships that much more difficult. In this article, we want to highlight Minority Depository Institutions, what they are, and why your institution should care.

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