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Minority Bank Deposit Program (MBDP)

What is the Minority Bank Deposit Program?

The Minority Bank Deposit Program (MBDP) encourages minority-owned banks, women-owned banks, and credit unions that serve low-income communities to become depositaries and financial agents.

The program is voluntary.

What does the Fiscal Service do?

The Bureau of the Fiscal Service:

  • makes sure a financial institution is eligible to participate

  • keeps the list of participating financial institutions

  • publishes the list on this website

  • distributes the list periodically to federal agencies, interested state and local government agencies, and private sector companies

  • reminds financial institutions on the list of the due date for their yearly recertification

For more information:

Program Manager

Program Lead
202-874-6575 (Fax)

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