WASHINGTON, Jan. 12, 2022 (GLOBE NEWSWIRE) – The Community Development Bankers Association (CDBA) is pleased to announce its participation with FedFis and state-owned community banking associations nationwide to provide access to bankers helping bankers with its mission and its CDFI certification. member banks across the United States.
Bankers Helping bankers is a bankers only collaboration and education platform. Through data tools and dynamic user groups, Bankers Helping Bankers provides community bankers with a knowledge base focused on banking technology and emerging fintech companies, as well as hot topics such as blockchain and cryptocurrencies, “banking as a service” and direct digital banking.
FedFis partnered with the Independent Bankers Association of Texas (IBAT) to bring the idea of Bankers Helping Bankers to life.
“We are delighted to provide CDFI and mission banks with the resources offered by this platform,” said Jeannine Jacobes, CEO of CDBA. “ACDB member banks strive to extend economic prosperity to the most vulnerable communities in our country. It is essential that these banks have access to tools that can help them keep abreast of the rapid pace of technological change. “
“We warmly welcome the CDBA, a national association, especially because of its interest in the most vulnerable communities. This is the essence of community banking to help our communities, ”said Dave Mayo, CEO of FedFis.
Christopher Williston VI, CEO of IBAT, said: “Community banking is a key part of our economic supply chain. community banks.
For more information and to register with Bankers Helping Bankers, visit www.bankershelpingbankers.com. For more information about the Texas Independent Bankers Association, visit www.ibat.org. For more information on FedFis, visit www.fedfis.com. For more information on the Community Development Bankers Association, visit www.cdbanks.org.
Questions regarding the program can be directed to Brian Blake, CCDA Director of Public Policy, by emailing [email protected] or by calling (202) 689-8935 ext. 225.
About the Association of Community Development Bankers (CDBA)
CDBA is the national voice of the Community Development Bank sector. Community Development Banks (often referred to as CDFI banks) are FDIC insured banks or savings banks that are certified as Community Development Financial Institutions (CDFIs) because they have demonstrated a primary mission of serving communities. low and moderate income (LMI). The CDFI certification, administered by the US Treasury Department’s CDFI Fund, indicates that the bank has devoted at least 60% of its loans, services and other activities to benefit LMI communities. CDFI banks create wealth, engage in a wide range of loans, and provide technical assistance to those underinvested urban, rural and indigenous communities that lack access to credit and are not adequately served by the traditional banking sector.
FedFis provides financial institutions with fintech data analytics and a strategy system that tracks financial data, mergers and acquisitions, and vendor data (including technology vendors) on every bank and credit union in the United States. FedFis is committed to “truth in banking” by helping community bankers understand which products and services will work best with their existing technology to achieve the strategic results they seek. It is above all a precision family business. Fifth generation bankers and tech experts with incredible depth and passion for the banking industry.
Founded in 1974, the Independent Bankers Association of Texas (IBAT) represents community banks in Texas. The Austin-based group is the nation’s largest state-owned community banking organization, with members comprising more than 2,000 banks and branches in 700 Texas communities. Providing safe and responsible financial services to all of Texas, the assets of IBAT member banks range from $ 27 billion to $ 39 billion, with combined statewide assets of nearly $ 256 billion. IBAT member banks are committed to supporting and investing in their local communities.
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Image 1: Bankers help bankers
Bankers Helping Bankers platform and forum.
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