FOX Partner Webcast: Challenging Perceptions - How to leverage wealth to give back to our communities - March 25, 2025
Overview
Tuesday, Mar 25, 2025 - 10:00am
Tuesday, Mar 25, 2025 - 11:00am
Please join us on Tuesday March 25, from 10:00 am to 11:00 am CT, for a live interactive webcast with our subject matter expert and FOX Partner, IntraFi.
IntraFi will lead a thought-provoking discussion with their partners at BNY Melon [Shofiur Razzaque, Adam Lieb], to challenge our perception of how to leverage wealth to give back to our communities. More specifically, their Advancing Communities Together (ACT) ACT Deposit Program.
This unique program, developed in cooperation with the Community Development Bankers Association and National Bankers Association, aims to bolster funding for community lending while offering depositors access to multi-million-dollar FDIC insurance through a single bank relationship. Funds placed with a participating, mission-driven bank will be used to make loans to local businesses and individuals — helping to make underserved communities stronger.
This informative conversation will explore the ACT Deposit Program in-depth, including how ACT can fit into a FO strategy in terms of returns, liquidity, stability/safety.
Please click on the Register button below to sign up for this webcast. A replay of this webcast will be available to members approximately three weeks after airing.
Senior Managing Director; Lead ACT Deposit Program
Diane Ellis leads the Advancing Communities Together, or ACT, Deposit Program for IntraFi.
Previously, she was the Director of the Division of Insurance and Research at the Federal Deposit Insurance Corporation (FDIC). She led the FDIC’s efforts to maintain the adequacy of the Deposit Insurance Fund and an effective and fair risk-based premium system, assess economic and financial sector risks to the banking industry, conduct policy-oriented research and analysis for rulemakings, and collect and publish bank financial information and statistics, including the Quarterly Banking Profile.
She has extensive executive-level experience in deposit insurance pricing and fund management and was elected twice to serve as an Executive Council member for the International Association of Deposit Insurers. Earlier, she was a senior financial analyst and bank examiner with the FDIC.
Ms. Ellis received her BBA from Texas Christian University, Master of Public Policy from George Mason University, and is a Chartered Financial Analyst.
Principal, Senior Client Strategist, Global Family Office - BNY Mellon Wealth Management
Adam Lieb is a Senior Client Strategist for BNY Mellon Wealth Management. In this role, he is responsible for designing and implementing custody and wealth management solutions for the firm’s Global Family Office group.
Adam has more than 25 years of experience in the financial services industry. Prior to joining the firm in 2022, Adam spent 14 years as Vice President at Fidelity Family Office Services. Previously, he served as Director of Business Solutions for Private Client Resources and held senior roles at Wells Fargo and Morgan Stanley. Adam received a bachelor’s degree from Ohio Wesleyan University.
Head of Community Banking & Solutions - BNY Mellon
Shofiur is the Head of Community Banking & Solutions. In his role, Shofiur works closely with Community Banks to deliver them tailored financial services, strategic guidance and technology to create a more inclusive financial system across the United States.
Before joining BNY, Shofiur spent over 15 years at JP Morgan Chase where he had various roles from managing retail bank branches to implementing the Bank’s $30 billion commitment to help close the racial wealth gap. Shofiur holds an MBA from Fordham University. He lives in New Hyde Park, NY with his spouse and two daughters.
Diane Ellis
Senior Managing Director; Lead ACT Deposit Program
