Community Development Bankers Association (CDBA) offers

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WASHINGTON, Jan. 12, 2022 (GLOBE NEWSWIRE) — The Community Development Bankers Association (CDBA) is pleased to announce its participation with FedFis and state community banking associations nationwide to provide access to Bankers Helping Bankers to its CDFI-certified and mission-member banks across the United States.

Bankers help bankers is a bankers only collaboration and education platform. Through data tools and dynamic user groups, Bankers Helping Bankers provides bankers in the community with a knowledge base focused on banking technology and emerging Fintech companies, as well as hot topics such as blockchain and cryptocurrencies, “banking as a service” and direct digital banking.

FedFis has partnered with the Independent Bankers Association of Texas (IBAT) to bring the idea of ​​Bankers Helping Bankers to life.

“We are thrilled to provide CDFI and mission-driven banks with the resources offered in this platform,” said Jeannine Jacokes, CEO of CDBA. “ACCD’s member banks are working to extend economic prosperity to our country’s most vulnerable communities. It is critical that these banks have access to tools that can help them stay current with the rapid pace of technological changes.”

“We warmly welcome the CDBA, a national association, especially because of its interest in the most vulnerable communities. It is the essence of community banking to help our communities,” said Dave Mayo, CEO of FedFis .

Christopher Williston VI, CEO of IBAT, said, “Community banking is a key part of our economic supply chain. community banks.

For more information and to register with Bankers Helping Bankers, visit www.bankershelpingbankers.com. For more information about the Texas Independent Bankers Association, visit www.ibat.org. For more information about FedFis, visit www.fedfis.com. For more information about the Community Development Bankers Association, visit www.cdbanks.org.

Questions about the program can be directed to Brian Blake, CCAA Director of Public Policy, by emailing [email protected] or calling (202) 689-8935 ext. 225.

About the Community Development Bankers Association (CDBA)
CDBA is the national voice of the Community Development Bank sector. Community development banks (often referred to as CDFI banks) are FDIC-insured banks or savings institutions that are certified as community development financial institutions (CDFIs) because they have demonstrated that they have primary mission of serving low and moderate income (LMI) communities. CDFI certification, administered by the US Treasury Department’s CDFI Fund, indicates that the bank has dedicated at least 60% of its lending, servicing and other activities to benefit LMI communities. CDFI banks create wealth, engage in a wide range of loans and provide technical assistance to these underinvested urban, rural and indigenous communities that lack access to credit and are not properly served by the sector traditional banking.

About FedFis
FedFis provides financial institutions with fintech data analytics and a mission-critical system that tracks financial, M&A, and vendor (including technology vendor) data on every bank and credit union in the United States. FedFis is committed to “Truth in Banking” by helping community bankers understand which products and services will best combine with their existing technology to drive the strategic outcomes they are striving for. They are above all a family business of precisionists. Fifth generation bankers and technology experts with incredible depth and passion for banking.

About IBAT
Established in 1974, the Independent Bankers Association of Texas (IBAT) represents community banks in Texas. The Austin-based group is the nation’s largest state-owned community banking organization, with more than 2,000 banks and branches in 700 Texas communities. Providing safe and responsible financial services to all of Texas, IBAT member banks’ assets range from $27 million to $39 billion with combined statewide assets of nearly $256 billion. dollars. IBAT member banks are committed to supporting and investing in their local communities.

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Bankers Helping Bankers platform and forum.

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