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80% owned by women and minorities.
75% led by women and minorities.
100% dedicated to serving Houston.
What is a Minority Depository Institution (MDI)?
An MDI is any financial institution that meets the following criteria and is awarded the official MDI charter by their federal regulator, which for Agility, is the Office of the Comptroller of the Currency.
To be awarded an MDI charter, the financial institution must:
- Have at least 51% of the voting stock owned by women or minority individuals; and/or
- Have a board of directors and client base predominantly comprised of women or minorities.
What is the benefit of being an MDI-chartered bank?
Agility Bank was founded on the principle of equitable access to financial services. When our founding directors conceptualized this bank, they knew it would be a space where everyone was welcome. Each of them saw the lack of diversity in board rooms firsthand throughout their careers, and they collectively decided it was time for a change. They knew this lack of diversity also meant a lack of talent and a lack of ideas. The historical exclusion of women and minorities in the financial services industry was to the detriment of these organizations.
So, the benefit of being an MDI bank is the guarantee that we will never lack diversity, talent, or ideas. We will always give the underrepresented a voice at the decision makers' table.
Additionally, as an MDI, Agility Bank is uniquely positioned to work with other established financial institutions to meet the economic needs of women- and minority-owned businesses, whether its providing loans, services, education or connections. And as the employees, shareholders, vendors and customers of larger corporations want to see these companies further their reach into all minority communities, Agility can help meet their goals.
Agility aims to have the best voices — people from all backgrounds — at our table. Our success lies in inclusion.
