Collaborative Relationships with Minority Depository Institutions

December 22, 2017

Collaborative Relationships with Minority Depository Institutions

Printable Format:

FIL-64-2017 – PDF (PDF Help)


Insured depository institutions may realize business and regulatory benefits from partnerships and other collaborative relationships with minority depository institutions (MDIs). This Financial Institution Letter describes some of the ways that financial institutions, including community banks, can partner with MDIs to the benefit of all institutions involved, as well as the communities they serve.

Statement of Applicability to Institutions under $1 Billion in Total Assets: This Financial Institution Letter is applicable to all FDIC-supervised insured depository institutions.


  • Collaboration among MDIs or between MDIs and non-MDIs can provide viable options for sound and profitable lending and investments that meet the needs of underserved communities.
  • By collaborating with each other or with other community banks, MDIs may be able to enhance product and service offerings to unbanked and underbanked consumers located in low- to moderate-income geographies.
  • In many cases, institutions engaging in collaborative activities and partnerships with MDIs may receive Community Reinvestment Act (CRA) consideration for such activities.
  • Institutions interested in pursuing collaborative relationships with MDIs may contact the appropriate Regional Director or Regional MDI Coordinator for insight on possible collaboration opportunities with specific MDIs. Institutions may also pursue such collaborative opportunities directly.

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