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MDIs after Silicon Valley Bank: A Conversation with OCC Acting Comptroller Mike Hsu

Fintech Beat

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The Importance of Technical Assistance in the Private Sector

There are a whole set of tactical things. I think that's part of it. The technical assistance, it sounds boring. It is huge. We've had examples where a large bank will secant an executive to an MDI or CDFI in value because the human knowledge, the human capital sharing, you can't buy that. Other partnerships to leverage delivery channels and products and services also super helpful. There are some really focused in terms of cities or rural areas or particular places.

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