The updated Bank On National Account Standards identify critical product features for bank or credit union accounts appropriate to those currently outside of the mainstream banking system. Core account features...
...launched their efforts, developing consumer complaint infrastructure, identifying enforcement priorities, and pursuing legislative reforms. The CFE Fund selected a second cohort of local administrations in 2020]}** to raise consumer awareness...
The CFE Fund supports local Bank On coalitions through best practices found in our Bank On Coalition Playbook. Chapters cover a range of topics; newly-released chapters include best practices for...
The CFE Fund invites financial institutions with products they believe meet Bank On National Account Standards (2019 – 2020]}**) to apply for validation, and invites local Bank On coalitions to...
This press release announces that 28 banks and credit unions with over 21,300 branches now offer accounts meeting Bank On National Account Standards, newly updated for 2019-2020]}**. Low-cost, low-fee, no-overdraft...
In this August 2020]}** press release, the CFE Fund announced that more than 50 city and county governments across the country will expand financial counseling and financial navigation services for...
Since it launched in 2020]}**, the City of Detroit’s Financial Empowerment Center (FEC), as part of the CFE Fund’s national FEC Public initiative, has helped homeowners with low incomes avoid...