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Newsletter
June 2, 2023

The Skyline: How Two States Used Unemployment Payments to Get Residents Banked

This issue of the Skyline (link) spotlights efforts in Illinois and Maryland to expand banking access by promoting and incentivizing direct deposits into safe bank and credit union accounts for unemployment payments.
Newsletter
May 2, 2023

The Skyline: How Innovative Programs Are Helping System-Involved Youth Succeed by Getting Them Banked

This issue of the Skyline spotlights innovative ways that programs are using direct cash assistance as an opportunity to provide system-involved young people with banking access.
Press Release
April 7, 2023

Eight Cities to Build Financial Empowerment Efforts with Focus on Racial Wealth Equity

In this April 2023 press release, the CFE Fund announced that a second cohort of eight cities and counties have been chosen to join the CityStart initiative, with a specialized focus on racial wealth equity.
Letter
April 6, 2023

CFE Fund Comment Letter on Statements on FDIC Advertising Rules

The CFE Fund recently submitted a comment letter to the Federal Deposit Insurance Corporation (FDIC) on the proposed changes to the rules governing the use of their official sign and statements about deposit insurance. 
News
February 28, 2023

Bank On National Account Standards (2023-2024)

Working closely with our Bank On National Advisory Board and other key stakeholders, the CFE Fund released the Bank On National Account Standards. These standards provide local programs with a benchmark for account partnerships with financial institutions, and include both core and recommended features.
Newsletter
December 18, 2022

The Supervitamin Quarterly Newsletter, Issue 27

This issue, Issue 27, provides updates on the CFE Fund’s and partner cities’ financial empowerment efforts, including a focus on our in-person convenings enhancing our work.
Letter
December 6, 2022

CFE Fund Comment Letter on Community Development Financial Institution Revisions

The CFE Fund recently submitted a comment letter to the U.S. Department of Treasury on the proposed revisions to the Community Development Financial Institution (CDFI) certification application. 
Report
October 28, 2022

Intergenerational Wealth Transfer through FEC Counseling: A Multi-City Legacy Planning Pilot

The lack of intergenerational wealth transfer is a driving force preventing residents with low incomes from building wealth. Additionally, in many localities, because of both historic and current systemic racism and other barriers, Black residents and other residents of color experience more financial instability than White residents: as just one example, Black households have an average of one-fifth of the assets of White households.
Newsletter
August 22, 2022

The Supervitamin Quarterly Newsletter, Issue 26

In this issue, Issue 26, the CFE Fund celebrates its 10-year anniversary and provides updates on the CFE Fund’s and partner cities’ financial empowerment efforts, including an announcement that the Bank On movement has certified over 250 bank and credit union accounts, helping newly bank 3.1 million residents.
Letter
July 21, 2022

CFE Fund Comment Letter on Community Reinvestment Act Reform

The CFE Fund recently submitted a comment letter to the Federal Reserve Board, Federal Deposit Insurance Corporation (FDIC), and Office of the Comptroller of the Currency (OCC) on their proposal to amend the regulations implementing the Community Reinvestment Act (CRA).