WASHINGTON, DC, USA, September 4, 2024 / EINPresswire.com / — The National Bankers Association Foundation announces a significant milestone in its mission to support Minority Depository Institutions (MDIs), the completion of the first stage of the MDI ConnectTech program and start of the implementation stage. The program aims to modernize and digitize MDIs, increasing their capacity to offer affordable and accessible financial products and services to underserved communities. MDI ConnectTech was funded by a catalytic $10 million grant from the Citi Foundation’s Community Finance Innovation Fund to support the next level of growth in the community finance field in the United States. “MDIs are critical to the community finance ecosystem, helping connect underserved communities to the financial resources they need to thrive,” said Brandee McHale, President of the Citi Foundation. “By working to uncover and address the digital barriers that hinder these organizations’ continued growth, MDI ConnectTech is unlocking greater economic opportunity for individuals and families in the U.S. We look forward to seeing their continued impact in the implementation stage of this important program.” The first phase of MDI ConnectTech involved comprehensive technological assessments to a cohort of participating MDIs. This assessment unveiled critical trends that underscore the […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
