WebApr 5, 2024 · An MDI may be a federal insured depository institution for which (1) 51 percent or more of the voting stock is owned by minority individuals; or (2) a majority of the board of directors is minority and the community that the institution serves is predominantly minority. Ownership must be by U.S. citizens or permanent legal U.S. residents to be ... WebIn an effort to help Citizens Bank offered a total of $1.5 million in grants to 100 minority-owned businesses across its 11-state footprint. Within a week, Citizens received more …
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