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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 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 External Link for more information about the program.

Contact Us

Federal Reserve Bank
of Philadelphia
Business Development
Ten Independence Mall
Philadelphia, PA 19106-1574

(215) 574-6395 - fax