This virtual event offers four days of content where key industry experts and leaders will share experiences, perspectives and actionable strategies that support sustainable, long-term change and growth in the mission-oriented banking sector and economic development in underserved and low-income communities.
WHEN: April 19 – 22, 2021
“RE-IMAGINING MISSION-ORIENTED BANKING” IS FOCUS OF
NATIONAL COMMUNITY INVESTMENT FUND’S VIRTUAL CONFERENCE
FDIC Chair Jelena McWilliams is Keynote Speaker; Racial Equity, Diversity and Community Impact Are Key Themes of the Nation’s Premier Event for Mission-Oriented Financial Institutions.
WASHINGTON D.C.//NEWS ADVISORY//What do such developments as #BLM and the COVID-19 pandemic mean for mission-oriented banking? That question and others will be answered April 19-22 during the first virtual conference organized by the National Community Investment Fund (NCIF). Early-bird registration is open now at www.bit.ly/NCIFVIRTUAL2021.
Already confirmed as speakers:
- Jelena McWilliams, chair of the Federal Deposit Insurance Corporation (keynote).
- Jodie Harris, director, CDFI Fund, in conversation with former directors Annie Donovan and Donna Gambrell.
- Jim Sorenson, founder, Sorenson Impact.
Mission-oriented financial institutions – including Community Development Financial Institutions (CDFIs and Minority Banks) – broke through to the mainstream in 2020. Long recognized as important agents of change for increasing financial inclusion and reducing inequality, these institutions had previously suffered from insufficient human and financial capital. But all of that changed last year as a major surge of investors committed capital to the sector – from major banks (including BofA, Wells, PNC, Citi, Morgan Stanley and Chase) to technology companies (including Twitter, Google, Uber and PayPal), the federal government (targeted stimulus funds) and individuals (e.g., Mackenzie Scott). This major shift happened as fintech continues to change the landscape of banking.
Conference topics will include:
- The Business Case for Racial Equity, Diversity and Financial Inclusion
- Creating Alignment with Impact Investors
- Measuring and Communicating Development Impact
- New Markets Tax Credit Program Workshop
- Regulator and Policy Perspectives
Speakers will include leaders from the CDFI/MDI industry, technology sector, investors, regulators, and nonprofits.
The audience for the NCIF Conference includes individuals and organizational stakeholders in the mission-oriented banking industry supporting economic development of disadvantaged, underserved communities, including: executive management teams; boards of directors; bank and ESG investors and lenders; foundations and nonprofit executives; NMTC consultants, investors, lenders and professionals; advisors to community banks including consulting, finance, investment banking, IT, legal, lending and strategy experts; banking and community development regulators; and academics.
Early-bird registration of $49 per attendee is open until March 15, with the full registration fee of $99 going into effect after that date. For more information, go to www.bit.ly/NCIFVIRTUAL2021.
MEDIA CONTACT: Max Karlin, (703) 276-3255 or [email protected].
National Community Investment Fund is a nonprofit private equity trust fund created in 1996 to capitalize and strengthen the mission-oriented banking sector. NCIF is the largest investor in the mission-oriented banking industry, with investments in 12 percent of all certified CDFI Banks. NCIF has $205.6 million of assets under management, including $178 million in New Markets Tax Credit allocations. As an impact investor, NCIF pursues a triple bottom line strategy that maximizes social, environmental, and financial returns.