The Federal Deposit Insurance Corporation (FDIC) is hosting a national community development forum, both in-person (in Arlington, Virginia) and remotely, to encourage banks to utilize core technology to reach unbanked populations and facilitate an expansion in the number of banks offering affordable accounts.
Presenters representing banks, core providers, and a national intermediary will share insights about successful collaborations that reduced barriers of entry to offer affordable accounts through technology solutions. Attendees will learn about innovative models in account access, particularly those where core providers have assisted banks to offer affordable and sustainable accounts and/or use technology to reduce the barriers of entry to unbanked households that are low- and moderate-income.
Note: Start time for virtual attendees is 1:00pm.
Presenters:
- Brenda Bruce, Director, Product Line Manager, FIS Growth Solutions FIS
- Kimberly Kirk, Executive Vice President, Chief Operations Officer Queensborough National Bank & Trust Company; Chair, Core Platforms Committee, American Bankers Association
- Joyce Rains, Director, JHA Client Services Consulting℠, Jack Henry & Associates Inc.
- David Rothstein, Senior Principal, Cities for Financial Empowerment Fund
- Nicole Valentin-Smith, Vice President, Strategic Client Engagement Fiserv
- Elizabeth Ortiz, Deputy Director, Consumer and Community Affairs, Deposit and Consumer Protection (DCP), FDIC
- William Henley, Associate Director, IT Supervision, Risk Management Supervision, FDIC
- Montrice Yakimov, Associate Director, Community Affairs, FDIC
- Camron Doss, Chief, Strategic Partnerships and Program Development, Community Affairs, DCP
- Mia Sowell, Senior Community Affairs Specialist, FDIC
Who should attend:
Community banks interested in offering affordable accounts and learning about the related technical assistance provided by some core providers
Contact Information:
If you have any questions about the event, please email Mia Sowell at misowell@fdic.gov.
Additional Resources:
- FDIC Banker Resource Center – Affordable Accounts
- FDIC #GetBanked Resources (English)
- FDIC #GetBanked Resources (Spanish)