...Eagle FCU’s Flex Checking account, and Wintrust Community Banks’ Money Smart Checking account, there are now 108 accounts certified as meeting Bank On National Account Standards. These accounts can expand...
...with summer work experience, access to financial education, and appropriate financial services, and builds these financial empowerment strategies into the infrastructure of the eight city partners’ Summer Youth Employment Programs....
...financial empowerment programming efforts. Check out these resources to learn from CFE Coalition city experts about why city leaders invest in OFEs; what OFEs do; and pathways to launching OFEs....
This issue, Issue 25, provides updates on the CFE Fund’s and partner cities’ financial empowerment efforts, including an announcement that the Bank On movement has certified more than 200 bank...
...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....
...the 2019-2020 Standards include allowing paper statement fees that cannot exceed $2 per month, reflecting both costs experienced by financial institution partners and the strong online functionality of certified accounts....
...education. Learn more about opportunities for local governments to protect their residents in the consumer financial marketplace on our new mini-site, www.protectinglocalconsumers.org. In 2017, with generous seed funding from the...
...city replication partners, and provides additional evidence of the program’s success. For an executive summary of the report, click here. The CFE Fund held a series of webinars about the...
This Executive Summary highlights key findings from a three-year evaluation of the Financial Empowerment Center initiative’s replication in 5 cities (Denver, CO; Lansing, MI; Nashville, TN; Philadelphia, PA and San...
...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. ...