News & EventsLast update: November 4, 2011

Latest News

September 19, 2011 — Lawmakers Convene Panel to Address Role of Minority-Owned Businesses in Eliminating Wealth Gap (MarketWatch)
August 22, 2011 — Black-Owned Banks Struggle to Stay Out of the Red (Huffington Post Business)
July 1, 2011 — New Name, Mission: Noah Bank (Fort Lee Patch)
June 28, 2011 — Almost a Year After ShoreBank's Failure, Urban Partnership Is Ready to Lend (American Banker)

Regulatory Updates

January 10, 2011 — N.J. Legislature Passes Bill to Encourage Banks to Locate in Underserved Areas (Dow Jones)
February 12, 2010 (Board of Governors) — Interagency Statement on Meeting the Needs of Creditworthy Small Businesses
January 29, 2010 (U.S. Government Accountability Office) — New Markets Tax Credit: The Credit Helps Fund a Variety of Projects in Low-Income Communities But Could Be Simplified. GAO-10-334.
June 1, 2009 (U.S. Government Accountability Office) — GAO Report on New Market Tax Credits and Minority Entities

Upcoming Events

Live Webstream on Small Business and Entrepreneurship, Hosted by the Federal Reserve

Wednesday, November 9, and Thursday, November 10, 2011

“Small Business and Entrepreneurship During an Economic Recovery,” a conference to be held November 9-10 at the Federal Reserve Board in Washington, D.C., aims to facilitate a multidisciplinary dialogue among researchers, policymakers, and practitioners focused on small business capital access and innovations during this time of economic recovery. While broadly addressing the scope of small business needs, this meeting will also examine these issues from the perspective of women and minority entrepreneurs/small business owners and those located in traditionally underserved areas. Learn more about this event.

FDIC Minority Depository Institutions Program

Periodically, the FDIC hosts events and facilitated group discussions. See the FDIC website.