United States - Apply for MBDP (Minority Bank Deposit Program)

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Procedure

Apply by mail:

1. To Apply for MBDP (Minority Bank Deposit Program), the applicant has to approach the Bureau of Fiscal Service link
2. The applicant must check on the eligibility that are mentioned in the “Eligibility” section of this page.
3. Once the applicant meets the eligibility requirements, the applicant can download Form 3144, "Certification Form for Admission" from the following link
4. The applicant has to fill in all the necessary details in the application form.
5. The applicant has to make sure to attach all the necessary documents that are mentioned in the “Required Documents” section of this page.
6. The applicant has to attach the photocopies of the required documents along with the application form while submitting.
7. Mail the completed form and the necessary documents to Bureau of Fiscal service.
8. The Mailing address is mentioned in “Office Location & Contacts” section of this page.
9. The Fee for this procedure has to be paid as per the authority’s request.
10. The concerned officers will examine the application for completeness and accuracy.
11. Once all the verification process is done by the authority, the applicant receives a notification through a mail.
12. The processing time for this procedure is up to 15-30 days.

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Required Documents

• Application form link
• Institution registration document
• Shares document
• Ownership document

Office Locations & Contacts

US Department of the Treasury
Bureau of the Fiscal Service
401 14th Street, SW — Room 314
Washington, DC 20227
Email: [email protected]
Phone: 202-874-9604
Contact Link

Eligibility

• Any bank who intends to Apply for MBDP (Minority Bank Deposit Program) is eligible to make this application.

Fees

• The fee for this procedure has to be paid as per the authority’s request.

Validity

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever

Documents to Use

• Application form link
  

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

• The processing time for this procedure is up to 15-30 days.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• Applicants must complete the application form before submitting it. Incomplete applications will not be accepted.
• Applicants must provide genuine information while applying for this procedure.

Required Information

• Institution Name
• Address
• City
• State
• Zip Code
• Telephone No.
• Fax No.
• E-mail
• Routing and Transit Number (ABA *)
• Total Shares
• Total Minority Shares
• Percentage of Minority Ownership
• Bank or Notary Public seal
• Signature
• Date

Need for the Document

• Through the Minority Bank Deposit Program (MBDP), the Bureau of the Fiscal Service (Fiscal Service) supports the strengthening and preservation of minority-owned banks, women-owned banks, and credit unions that serve low-income communities.

Information which might help

• For more information link
  

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

• Link
  

Others

More information which might help people.