Bank representatives invited to Knoxville area forum on CDFIs and their role with traditional banks.
On Thursday, April 19, the Federal Reserve Bank of Atlanta, the Office of the Comptroller of the Currency, the FDIC and local CDFI’s are hosting the Interagency East Tennessee CDFI Forum. Scheduled for 10am until 2pm at the Magnolia Avenue Campus of Pellissippi State Community College.
Community Development Financial Institutions (CDFIs) are mission-driven lenders, dedicated to delivering responsible, affordable lending to low- and moderate-income people, communities, and small businesses with a goal of increasing access to financial services and the economic mainstream. CDFIs collaborate with financial institutions to meet customer and community credit needs. Banks can benefit from working with CDFIs to increase access to credit in their communities, which in turn helps the bank fulfill its Community Reinvestment Act (CRA) objectives.
About the CDFI Forum:
The purpose of this event is for the CDFIs operating in East Tennessee/Appalachian region to share information about the work they are doing and opportunities for banks to collaborate with them. The meeting format will allow CDFIs to present specific community development lending, investment and service opportunities to the financial institutions on a rotating basis.
The forum is being co-sponsored by the Office of the Comptroller of the Currency, the FDIC of Dallas, Memphis Office, and the Federal Reserve Bank of Atlanta. It will be held in the Community Room at the Magnolia Avenue Campus of Pellissippi State Community College, located at 1610 East Magnolia Avenue, Knoxville, Tennessee. Parking is available on-site.
How to register:
To register for the forum, please send the following information to Jessica LeVeen Farr at the Federal Reserve Bank of Atlanta firstname.lastname@example.org:
- Your name
- Your title
- Your bank or organization name, and
- Your email address
Space is limited so please register just one attendee per financial institution. If additional representatives from your bank are interested in attending, please note in your RSVP and if space allows, we may be able to accommodate your request. Lunch will be provided to all attendees.
The deadline for registration is April 12, 2018 but we will accept reservations until the day before the event. If you have any questions regarding the Forum, please feel free to contact Jessica at the FRB, Michael Powers from the FDIC at email@example.com, or Nancy Gresham-Jones from the OCC at firstname.lastname@example.org.