|Event Date||Mon Apr 19 EDT - Thu Apr 22 EDT (6 months ago)|
This virtual event offers four days of content where key industry experts and leaders will share experiences, perspectives and actionable strategies that support sustainable, long-term change and growth in the mission-oriented banking sector and economic development in underserved and low-income communities.
Mission-oriented financial institutions – including Community Development Financial Institutions (CDFIs and Minority Banks) – broke through to the mainstream in 2020. Long recognized as important agents of change for increasing financial inclusion and reducing inequality, these institutions had previously suffered from insufficient human and financial capital. But all of that changed last year as a major surge of investors committed capital to the sector – from major banks (including BofA, Wells, PNC, Citi, Morgan Stanley and Chase) to technology companies (including Twitter, Google, Uber and PayPal), the federal government (targeted stimulus funds) and individuals (e.g., Mackenzie Scott). This major shift happened as fintech continues to change the landscape of banking.
Conference topics will include:
• The Business Case for Racial Equity, Diversity and Financial Inclusion
• Creating Alignment with Impact Investors
• Measuring and Communicating Development Impact
• New Markets Tax Credit Program Workshop
• Regulator and Policy Perspectives
• Speakers will include leaders from the CDFI/MDI industry, technology sector, investors, regulators, and nonprofits.
The audience for the NCIF Conference includes individuals and organizational stakeholders in the mission-oriented banking industry supporting economic development of disadvantaged, underserved communities, including: executive management teams; boards of directors; bank and ESG investors and lenders; foundations and nonprofit executives; NMTC consultants, investors, lenders and professionals; advisors to community banks including consulting, finance, investment banking, IT, legal, lending and strategy experts; banking and community development regulators; and academics.
Chair, Federal Deposit Insurance Corporation
Director, CDFI Fund
Founder, Sorenson Impact