The CFE Fund seeks proposals for innovative programmatic approaches to helping unbanked people open safe and affordable accounts when they start a new job. As part of the CFE Fund’s larger Bank On initiative, and building off the success of the Summer Jobs Connect program, Wages Connect will assist local partnerships to connect workers to the financial mainstream. Applicants must manage existing workforce development programs or employment opportunities, and prior to submitting their application, must have identified one or more potential banking partners with accounts certified as meeting the Bank On National Account Standards that are committed to opening accounts as part of the applicant’s program. Awardees will receive up to $50,000 to support banking access integration into a workforce development/employment program; technical assistance; and the opportunity to attend the CFE Fund’s 2019 Bank On National Conference.
The CFE Fund is hosting an informational webinar about this grant opportunity on September 27th at 2 PM EST. Register for the webinar here.