Partner Webcast: Challenging Perceptions - How to Leverage Wealth to Give Back to our Communities
Overview
IntraFi will lead a thought-provoking discussion with their partners at BNY [Shofiur Razzaque, Michael F. Black], to challenge our perception of how to leverage wealth to give back to our communities. More specifically, their Advancing Communities Together (ACT) ACT Deposit Program.
This unique program, developed in cooperation with the Community Development Bankers Association and National Bankers Association, aims to bolster funding for community lending while offering depositors access to multi-million-dollar FDIC insurance through a single bank relationship. Funds placed with a participating, mission-driven bank will be used to make loans to local businesses and individuals — helping to make underserved communities stronger.
This informative conversation will explore the ACT Deposit Program in-depth, including how ACT can fit into a FO strategy in terms of returns, liquidity, stability/safety.
Diane Ellis, Senior Managing Director; Lead ACT Deposit Program
Michael F. Black, Director of Investment Strategy, Global Family Office - BNY Wealth Management
Shofiur Razzaque, Head of Community Banking & Solutions - BNY