By Godson Umejiego, Bureau Chief, The Americas
The Federal Deposit Insurance Corporation (FDIC) has announced four new members of the agency’s Minority Depository Institutions (MDI) Subcommittee to the Advisory Committee on Community Banking:
- President and CEO, F&M Bank, Edmond, Oklahoma, John Tom Anderson
John Lewis, President and CEO, The Harbor Bank of Maryland, Baltimore, Maryland
- President & CEO, Ocean Bank, Miami, Florida, John Lewis
- Chairman and CEO, Freedom Bank, Alamo, Texas, Arturo (Art) Ortega
On May 1, 2024, the MDI Subcommittee will meet to share insights into key challenges and opportunities facing minority financial institutions and the communities they serve. The meeting will also spotlight an innovative partnership that is improving healthcare access in a Native American community. The FDIC’s MDI Subcommittee serves as a resource to the FDIC and informs the agency’s strategies to fulfill its statutory goals for MDIs. The subcommittee also provides a platform for MDIs to collaborate, build partnerships and to showcase the work of MDIs in their communities.
The new members join the following members on the MDI Subcommittee:
Claude (Jeff) J. Bowman, President and CEO, Bay Bank, Green Bay, Wisconsin
Warren Huang, General Counsel, Amerasia Bank, Flushing, New York
Russell Lau, Chairman and CEO, Finance Factors, Ltd., Honolulu, Hawaii
B. Doyle Mitchell, President and CEO, Industrial Bank, Washington, District of Columbia
Farid Tan, President and CEO, Metro City Bank, Doraville, Georgia
