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CRA-Qualified Individual Development Accounts (IDAs) Forum: Investing in Community Development for Alabamians

Wednesday, November 9, 2011
10:00 A.M. - 2:00 P.M. Central Time

Printable version - PDF (PDF Help)

The U.S. Department of Health and Human Services Region 4 (Administration for Children and Families)
The Federal Deposit Insurance Corporation
The Federal Reserve Bank of Atlanta
The Office of the Comptroller of the Currency

We are pleased to present this informational forum about IDAs and how banks may receive positive consideration under the Community Reinvestment Act (CRA) from financial institution regulators as their investment, lending, and service performance is evaluated.

The forum will be held in the first floor dining room at the:

Capitol Commerce Center
100 Capitol Commerce Boulevard
Montgomery, Alabama 36117

Directions
Exit 11 off Interstate 85, go North, and turn right to get on Alabama Highway 126, East, which parallels Interstate 85 (follow the sign toward the Alabama Technacenter) and the Capitol Commerce Center is the 5-story office building on the left, facing Interstate 85, and there is a pond in front of the building.

The proposed agenda is:
10:00 a.m. - 10:15 a.m Welcome
Carlis Williams, Regional Administrator, the Administration for Children and Families (ACF), HHS
10:15 a.m. - 10:35 a.m.

Introductions
John Olsen, Community Affairs Specialist, FDIC
IDAs as CRA Qualified Credits
10:35 a.m. - 11:30 a.m. ACF Asset Initiative
Why It Matters to You
Amy Shir, AFI Consultant for the Asset Initiative
11:30 a.m. - 11:45 a.m Break
11:45 a.m. - 12:30 p.m.

Lunch
(sponsored by the Alabama Asset Building Coalition)
12:30 p.m. - 1:15 p.m. Panel Presentation
Why IDAs are Great Community Development Tools
1:15 p.m. - 1:55 p.m. Group Discussion
Challenges and Opportunities
1:55 p.m. - 2:00 p.m. Closing Remarks
Carlis Williams
2:00 p.m. Adjourn

Please register using the on-line registration form here:
https://fdicsurvey.inquisiteasp.com/fdic/surveys/U4KMYU/


For questions or additional information, please contact:
John Olsen
FDIC - Montgomery, AL
Office: 334-271-5213 (extension 4719)
Cell: 334-462-1583
E-mail: jolsen@fdic.gov
   

Last Updated 10/12/2011 supervision@fdic.gov