Minority Depository Institutions: Liberty Bank (Alden McDonald)
Liberty Bank and Trust Company remarks · June 18, 2024
Alden McDonald Jr., CEO of Liberty Bank and Trust Company in New Orleans, described a long collaboration with the Federal Deposit Insurance Corporation (FDIC), saying the agency has helped minority depository institutions secure capital, services and policy changes from larger banks. He credited FDIC-led outreach with creating partnerships and advising on changes expected over the next three years.
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