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Thursday, September 2, 2010

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Home > Bank Resources > Outreach > Partnership for Progress

Partnership for Progress

A Program for Minority-Owned and De Novo Institutions

 The Board of Governors of the Federal  Reserve System is proud to offer the  Partnership for Progress, a new program for minority-owned institutions (MOIs) and de novo institutions (de novos). Under the leadership of the Federal Reserve Bank of Philadelphia, a nationwide workgroup has developed the program with the following goals:

• To provide guidance to MOIs and de novos
• To address issues that might inhibit the financial and operating performance of MOIs and de novos
• To offer a network of outreach, technical assistance, relationship building, director training, and enhance the supervisory awareness of unique institution challenges
• To ensure a safe, sound, and accessible banking system aligned with Federal Reserve System objectives

Visit the Partnership for Progress website, www.fedpartnership.gov , for more information about the program.