با برنامه Player FM !
MDI status helps a mutual bank supercharge its strategy
Manage episode 396808092 series 1767659
Late in 2023, Warsaw Federal — a $71 million mutual savings and loan in Cincinnati — was officially designated as a minority depository institution. The move to MDI status is part of the 130-year-old bank’s pivot to serving its community more deeply while building its capital base to support growth. On the latest episode of the ABA Banking Journal Podcast, President and CEO Robie Suggs discusses the bank’s strategy.
Among other topics, Suggs discusses:
- Why and how Warsaw Federal sought and obtained MDI status, and how it helps the bank meet the needs of the Price Hill community of Cincinnati.
- The role of the bank in serving unbanked and underbanked households in Price Hill.
- Warsaw Federal’s use of tier 1 mutual capital certificates.
- How Warsaw Federal is supported through its affiliation with First Mutual Holding Company.
- Her own journey as a banker and community and economic development executive.
Join mutual bank peers at the ABA Mutual Community Bank Forum March 17-18 in Washington, D.C.
139 قسمت
Manage episode 396808092 series 1767659
Late in 2023, Warsaw Federal — a $71 million mutual savings and loan in Cincinnati — was officially designated as a minority depository institution. The move to MDI status is part of the 130-year-old bank’s pivot to serving its community more deeply while building its capital base to support growth. On the latest episode of the ABA Banking Journal Podcast, President and CEO Robie Suggs discusses the bank’s strategy.
Among other topics, Suggs discusses:
- Why and how Warsaw Federal sought and obtained MDI status, and how it helps the bank meet the needs of the Price Hill community of Cincinnati.
- The role of the bank in serving unbanked and underbanked households in Price Hill.
- Warsaw Federal’s use of tier 1 mutual capital certificates.
- How Warsaw Federal is supported through its affiliation with First Mutual Holding Company.
- Her own journey as a banker and community and economic development executive.
Join mutual bank peers at the ABA Mutual Community Bank Forum March 17-18 in Washington, D.C.
139 قسمت
همه قسمت ها
×به Player FM خوش آمدید!
Player FM در سراسر وب را برای یافتن پادکست های با کیفیت اسکن می کند تا همین الان لذت ببرید. این بهترین برنامه ی پادکست است که در اندروید، آیفون و وب کار می کند. ثبت نام کنید تا اشتراک های شما در بین دستگاه های مختلف همگام سازی شود.