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F7th March 2024MEMBERS OF THE FINANCE & POLICY Committee:Dear Councillor, You are summoned to attend a meeting of the Finance and Policy Committee to be held on Thursday 14th March 2024 commencing
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Check if your institution qualifies as a minority depository institution (MDI).
02
Gather all necessary information and documents required for the application process.
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Fill out the application form thoroughly and accurately, providing detailed information about your institution and its minority status.
04
Submit the completed application to the appropriate regulatory agency for review and consideration.
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Who needs minority depository institutions advisory?

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Minority depository institutions (MDIs) who are looking for advisory services to help them navigate regulatory requirements, improve financial performance, or access resources and support to better serve their communities.
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Minority Depository Institutions Advisory is a program that provides guidance and support to minority depository institutions in order to promote their viability and success.
Minority depository institutions are required to file the advisory as part of their reporting obligations.
Minority depository institutions can fill out the advisory by providing information on their financial performance, community impact, and other relevant data.
The purpose of the advisory is to ensure the continued growth and success of minority depository institutions.
Information such as financial data, community outreach programs, and strategic plans must be reported on the advisory.
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