The Federal Deposit Insurance Corporation manages the Minority Depository Institutions Program. The FDIC's Policy Statement defines "Minority Depository Institution" as:

"(A)ny Federally insured depository institution where 51 percent or more of the voting stock is owned by minority individuals. "Minority" as defined by Section 308 of FIRREA means any "Black American, Asian American, Hispanic American, or Native American." The voting stock must be held by U.S. citizens or permanent legal U.S. residents to be counted in determining minority ownership.In addition to institutions that meet the ownership test, institutions will be considered minority depository institutions if a majority of the Board of Directors is minority and the community that the institution serves is predominantly minority. Institutions that are not already identified as minority depository institutions can request to be designated as such by certifying that they meet the above definition. Institutions interested in self-certification should contact the National Coordinator of the FDIC's Minority Depository Institutions Program."

A listing of all MDIs as of 9/30/2007 is available here. For more information please visit the program's website.