Expanding Opportunity for MDIs Act

Expanding Opportunity for Minority Depository Institutions Act or the Expanding Opportunity for MDIs Act

This bill establishes the Financial Agent Mentor-Protégé Program within the Department of the Treasury. The program provides participating minority deposit institutions and small financial institutions with mentorship from large financial institutions or from financial agents designated by Treasury. This mentorship prepares protégé institutions to improve service capacity or to perform as financial agents for the federal government.