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8/5/2021

READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s Meeting with the Board of Directors of the National Bank…

READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s
Meeting with the Board of Directors of the National Bankers
Association
August 4, 2021

WASHINGTON – Deputy Secretary of the Treasury Wally Adeyemo met with the board of
directors of the National Bankers Association (NBA), an association of 31 people of colorowned banks working to eliminate the racial wealth gap. NBA’s President and CEO and NBA’s
board members applauded the Administration for the Emergency Capital Investment
Program and additional resources for the CDFI Fund in an e ort to support low-income and
marginalized communities. Deputy Secretary Adeyemo and NBA board members discussed
the need for injecting more capital into underserved communities, empowering minority
depository institutions (MDIs) to have a seat at the table, and the need for expanding
a ordable housing in low-income communities.

https://home.treasury.gov/news/press-releases/jy0313

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