Regulatory requirements to verify a customer’s identity have posed notable barriers to banking for those who may not have traditional government-issued IDs. But local government leaders and community organizations around...
...estimating basic living expenses; access to covered short-term loans should be limited to four per 12 month period under the alternative requirements; the CFPB should implement a reasonable maximum payment-to-income...
...Interagency Questions and Answers Regarding Community Reinvestment. The Coalition recommends a number of factors that the Community Reinvestment Act (CRA) examination process should take into account. First, the Coalition encourages...
...to use the tool; and urges caution as the FDIC explores moving towards online survey responses, given some un/underbanked and low-income consumers’ reluctance to submit personal information via online platforms....
...include low costs, no overdraft fees, robust transaction capabilities such as a debit or prepaid card, and online bill pay. Notable changes in the 2019-2020 Standards include allowing paper statement...
People work hard to provide for their families and improve their financial circumstances. And while community organizations and social services across the country invest heavily in helping them, at the...
...here. The CFE Fund held a series of webinars about the evaluation; click here for informational resources from these webinars. To learn more about the FEC Public movement, visit www.fecpublic.org....
...the program’s success. The CFE Fund held a series of webinars about the evaluation; click here for informational resources from these webinars. Learn more about the FECPublic movement at www.fecpublic.org....
...high-quality one-on-one financial counseling for low-income residents, thanks to generous support from Bloomberg Philanthropies as part of its American Cities Initiative. To learn more about FEC Public, visit www.fecpublic.org. ...
...CA; San Francisco, CA; Memphis, TN; Shreveport, LA; and Syracuse, NY. The CFE Fund will select additional municipalities for future grant cohorts. To learn more about FEC Public, visit www.fecpublic.org....