TITLE

New FDIC Definition Of 'Minority-Owned'

AUTHOR(S)

Paletta, Damian

PUB. DATE

April 2002

SOURCE

American Banker;4/10/2002, Vol. 167 Issue 68, p4

SOURCE TYPE

Trade Publication

DOC. TYPE

Article

ABSTRACT

Reports on the approval of Federal Deposit Insurance Corp. of the rule that allows more banks to qualify as minority-owned in the United States. Definition of minority banks under the section of the 1989 thrift bailout law; Preservation of minority ownership of banks and thrifts; Failure rate for minority-owned institutions.

ACCESSION #

6479930

Tags: MINORITY-owned banks -- United States;  FEDERAL Deposit Insurance Corp.

 

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