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Mission Driven Bank Fund Appoints Inaugural Mission Advisory Committee

The Mission Driven Bank Fund appoints its inaugural Mission Advisory Committee, comprising industry leaders with expertise in MDI and CDFI banks. The committee will evaluate how well the Fund's investments achieve its mission objectives, providing valuable perspective on capturing impact within the mission-driven banking sector.

This news matters because the appointment of the Mission Advisory Committee will play a crucial role in evaluating the impact of the Fund's investments and ensuring a mission-first focus, which will ultimately contribute to fostering a stronger and more inclusive banking system. The committee's expertise and independent evaluation will help drive significant growth and financial resiliency in the mission-driven bank sector, translating into demonstrated progress in closing the racial wealth gap.