The mission of the South Texas AEI is to improve the economic wellness of low-and moderate-income individuals and families, including the unbanked and underserved, by improving access to the U.S. banking system and to work with financial institutions and other partners on ways to bring those currently unbanked and underserved into the financial mainstream through innovative low-cost products and services and expanded financial education efforts.
The South Texas Alliance for Economic Inclustion (AEI) is a broad-based, diverse coalition that includes financial institutions, community-based organizations, researchers, employers, faith-based organizations, state and local governmental agencies, and federal bank regulators to address the specific financial service needs of our community. The FDIC provides ongoing leadership, encouragement and support for the coalition, but the work of the alliance is decided by its members who participate on a volunteer basis.
The South Texas AEI focuses on the cities of Austin, Houston, San Antonio and parts of South Texas. The South Texas AEI launched in March 2007 and membership includes over 250 organizations. We hold quarterly meetings, but most of our work is completed in the interim by our committees and working groups. We currently have three committees:
- Financial Products and Services
- Asset Building/Financial Education
- Regulatory Issues
Meet the AEI Executive Committee
- Aaron Satterthwaite, Office of Thrift Supervision
- Alfreda Norman, Federal Reserve Bank of Dellas
- Ann Baddour, Texas Appleseed, Inc.
- Bonnie Wolferd, Wolferd Consulting
- David Lewis, Office of the Comptroller of the Currency
- David Ruiz, Bank of America
- Eloy Villafranca, Federal Deposit Insurance Corporation
- Jocelyn Carby, Texas Bankers Association
- Leilani Lim- Villegas, Texas Department of Banking
- Linda Birt, People's Trust Federal Credit Union
- Linda Webb-Manon, Texas Credit Union League
- Lou Greer, Internal Revenue Service
- Mary Lange, Independent Bankers Association of Texas
- Mike Hofmann, Main Street Bank
- Richard Torres, Wells Fargo
- Rudy Cavazos, Money Management International
