FDIC Makes Strong Commitment to attract MWOs and MDIs

Mark your calendar for the next FDIC Asset Purchaser, Investor, and Minority Depository Institutions Outreach Seminar:
December 8, 2010
Houston, TX
Click here to register

The FDIC is aggressively expanding outreach efforts to encourage participation of Minority and Women-Owned businesses, Minority Depository Institutions, investors and asset managers in:

• Financial institution franchise marketing
• Bidding process for portfolios of loans and other assets under FDIC structured sales
• Purchasing other loan assets and Owned Real Estate (ORE) assets, and
• Establishing or acquiring Minority Depository Institutions.

The FDIC recognizes the important contributions made by diverse businesses and strongly supports MWO businesses and MDI's. The FDIC is dedicated to promoting inclusion of minorities and women, and entities owned by minorities and women, including financial institutions, investment banking firms, underwriters, accountants, and providers of legal services, in the disposition of assets from failed banks.

The FDIC is responsible for efficiently disposing of assets from failed banks in the most cost-effective manner possible. The FDIC has assets from failed banks available for acquisition by depository institutions, investors and asset purchasers.

RG & Associates is pleased to serve as a contractor to the FDIC and its outreach initiative.