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...
This Governing article looks at the impact of the Financial Empowerment Center initiative, and its unique connection to local government and focus on outcomes....
This issue, Issue 4, previews the Bank On 2.0 National Conference, provides an update on the Summer Jobs Connect initiative, and highlights the Spent: Looking for Change documentary....
...on its programmatic experience working with over 80 municipal governments and community organizations across the country, the CFE Fund urged the CFPB not to change the Overdraft Rule. Overdraft fees...
...proposed reform of the Community Reinvestment Act (CRA). The letter expresses the CFE Fund’s concern that a change to the CRA evaluation methodology that focuses purely on quantifiable CRA activities...
...impact of financial instability on municipal governments with tangible, sustainable strategies to improve families’ financial lives. The first phase of the initiative is a learning phase, where the CFE Fund...
Bank On coalitions are locally-led partnerships between local public officials; city, state, and federal government agencies; financial institutions; and community organizations that work together to help improve the financial stability...
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...
...(Northeast Louisiana). Bank On coalitions are locally-led partnerships between local public officials; city, state, and federal government agencies; financial institutions; and community organizations that work together to help improve the...
...incarceration on families, many city partners have begun testing financial empowerment strategies to help improve safe and successful reentry. This brief details the various strategies our city partners have taken...