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October 17 2013

Federal Reserve Bank of Atlanta Hosts Unique Banker's Forum Focusing on the Future of Low Wealth Communities and the Role for Banking On November 13th, 2013

 

Operation HOPE Founder to participate in the Bankers Forum; event flanks the HOPE Global Financial Dignity Summit 

ATLANTA – October 17, 2013—Operation HOPE (HOPE), the leading global financial dignity nonprofit, announced that Operation HOPE Founder, Chairman and CEO John Hope Bryant will join a distinguished panel for the Federal Reserve Bank of Atlanta event themed: Opportunities and Challenges in Low- to Moderate-Income Communities: Council of Stakeholders, on November 13 at Georgia State University. The Banker's Forum is an independent pre-summit event.

"We can think global, but we have to act local. Everything is local. Community building is local, and is impossible without a stable and engaged banking environment. Yet bankers and banking may be understandably confused about their role post global economic crisis, and post Dodd-Frank legislation. Well, they have a prominent and critically important role to play, and we have to help them to restore a level of trust and confidence in our communities, and to chart a meaningful and sustainable role forward for their businesses."  Bryant continued, "this forum for me, is about that. Helping them find a way to do well, and do good to, sustainably."

“The mission of Operation HOPE is an important one, and I have long supported the work of my good friend John Hope Bryant,” said FDIC Vice Chairman Thomas M. Hoenig. “It is important that the financial system support all stakeholders, including businesses of all sizes and individuals of all income levels that in turn together support strong communities.”

The discussion, referred to as a “trialogue,” will focus on the challenges and opportunities that exist for low- and moderate-income communities in today’s economy including housing finance, small business lending, and financial services. 

“This Trialogue offers the unique opportunity to pull together people who can make a difference in our communities by fostering meaningful conversation about issues that matter most to regulators, financial service providers, and the customers who depend on these important services,” said Senior Deputy Controller and Chief of Staff, Office of the Comptroller of the Currency Paul Nash.

The forum will feature a council of financial institution and social advocate stakeholders focused on the local impact of Housing Finance, Small Business Lending and Financial Services, with respect low to moderate income communities. The key dignitaries that will help drive this important banker’s forum include:

Hosts:

  • Dennis P. Lockhart, President and Chief Executive Officer, Federal Reserve Bank of Atlanta              
  • Thomas Hoenig, Vice Chairman, Federal Deposit Insurance Corporation (FDIC)
  • Paul Nash, Senior Deputy Controller and Chief of Staff, Office of the Comptroller of the Currency (OCC)
     

Council Stakeholders

  • John Hope Bryant, Founder, Chairman, and CEO, Operation HOPE, Inc.
  • John B. Owen, Senior Executive Vice President, Head of Business Lines, Regions
  • Hugh E. Rowden, Senior Vice President and Regional Director, Wells Fargo Home Mortgage Servicing
  • J. Joseph Brannen, President, Georgia Bankers Association
  • Phil Baldwin, President & CEO, CredAbility
  • Dr. Thomas "Danny" Boston, Professor of Economics, School of Economics, Georgia Tech
  • Dr. Elizabet Rutstrom, Director of the Dean’s Behavioral Economics Laboratory, Robinson College of Business, Georgia State University


Due to space constraints, this event is by invitation. For interested parties, please contact the Atlanta Fed to inquire about attendance.  The event coordinator is Lisa Fogarty, lisa.fogarty@atl.frb.org. For more general information regarding the trialogue, please visit the Atlanta Fed website: http://www.frbatlanta.org/news/conferences/13bankerForum_trialogue.cfm