...cash transfers have often been disbursed via prepaid cards, preventing recipients from connecting to the financial mainstream. This Skyline piece highlights programs in Allegheny County, PA and Milwaukee, WI that...
...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. ...
...the FEC Public platform. These funds will enable the CFE Fund and its municipal partners to reach more residents with high-quality, one-on-one financial counseling as a free public service. Since...
This press release announces that over 82,000 people have reduced a total of $100 million in debt through municipal Financial Empowerment Centers (FECs). The Financial Empowerment Center initiative provides high-quality,...
Financial empowerment efforts best achieve high-quality scale and impact when they are integrated into, and led by, local government. Across the country, city and county leaders have turned to financial...
...Protection Bureau’s (CFPB) Notice of Proposed Rulemaking (NPRM) rescinding ability-to-repay requirements governing payday, vehicle title, and certain high-cost installment loans. The Coalition believes these underwriting provisions are crucial, and rescinding...
...a new cohort of Financial Empowerment Center partners. This issue also features a guest column from Robin McKinney and Sara Johnson, from CASH Campaign of Maryland, highlighting their work with...
...invest in or support integrated financial counseling and coaching services. The Coalition urges that any consideration of alternative product delivery system be balanced by the fact that many low and...
...Empowerment Centers: Building People’s Financial Stability As a Public Service. The brief highlights key strategies for developing partnerships and integrating counseling into other social services, both of which are vital...
...for a new Retail Services and Products Test that would evaluate a bank’s branch availability, delivery systems, and the responsiveness of their products to the needs of low- and moderate-income...