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Minority Depository Institutions Program

MDI Subcommittee of the FDIC’s Advisory Committee on Community Banking

November 6, 2024 MDI Subcommittee meeting Group Photo
From left: Alfonso Macedo, Jeff Bowman, Doyle Mitchell, Russell Lau, FDIC Chairman Martin Gruenberg, Warren Huang, John Lewis, and Art Ortega

The Minority Depository Institutions (MDI) Subcommittee of the FDIC’s Advisory Committee on Community Banking (CBAC) provides recommendations to CBAC regarding the FDIC’s MDI program. It serves as a source of feedback for FDIC strategies to fulfill its statutory goals to preserve and promote MDIs. The MDI Subcommittee provides a platform for MDIs to promote collaboration, partnerships, and best practices, and it identifies ways to highlight the work of MDIs in their communities.

The MDI Subcommittee meets biannually at the FDIC Headquarters in Washington, DC. Future meeting dates will be announced on this webpage. Please send all inquiries regarding the MDI Subcommittee to MDIProgram@fdic.gov.

MDI Subcommittee meeting on November 6, 2024
MDI Subcommittee meeting on November 6, 2024.

MDI Subcommittee Members - 2024

John Tom Anderson, President and CEO, F&M Bank, Edmond, Oklahoma

Jeff Bowman, President and CEO, Bay Bank, Green Bay, Wisconsin

Warren Huang, General Counsel, Amerasia Bank, Flushing, New York

Russell Lau, Chairman and CEO, Finance Factors, Ltd., Honolulu, Hawaii

John Lewis, President and CEO, The Harbor Bank of Maryland, Baltimore, Maryland

MDI Subcommittee meeting on November 6, 2024.
MDI Subcommittee meeting on November 6, 2024.

Alfonso Macedo, President & CEO, Ocean Bank, Miami, Florida

Doyle Mitchell Jr., President and CEO, Industrial Bank, Washington, District of Columbia

Arturo (Art) Ortega, Chairman and CEO, Freedom Bank, Alamo, Texas

Farid Tan, President and CEO, Metro City Bank, Doraville, Georgia

MDI Subcommittee Goals

MDI Subcommittee Goals

MDI Subcommittee Meeting Videos

November 6, 2024 Meeting
May 1, 2024 Meeting
October 4, 2023 Meeting
May 31, 2023 Meeting

Archive Meeting Videos

Meeting Video Archive (2020 – 2022)

Last Updated: December 18, 2024