One Bank’s Nationwide Affordable Housing Strategy




ABA Banking Journal Podcast show

Summary: As banks across the country mark American Housing Month in June, the ABA Banking Journal Podcast sat down with Michael Petrie, who leads one of the nation’s largest affordable housing lenders. With affordable homes accounting for 40% of Merchants Bancorp’s originations through its bank and nonbank subsidiaries, Petrie discusses Merchants’ nonprofit affiliate, its charter strategy, the state of the real estate market and its workforce development approach.