Are Government Efforts to Help Poor People Manage Money Working?
This Governing article looks at the impact of the Financial Empowerment Center initiative, and its unique connection to local government and focus on outcomes....
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Nine Local Governments Chosen to Develop Financial Counseling as a Free Public Service
...GA; Aurora, IL; Baltimore, MD; the County of Hawai’i, HI; Erie, PA; Polk County, IA; Roanoke, VA; Rochester, NY; and Washington, DC) will work to launch free, professional one-on-one financial...
Financial Empowerment Center Replication Initiative
...Plan Act (ARPA). The Financial Empowerment Center Model Financial Empowerment Center clients receive free, one-on-one professional counseling assistance with money management, budgeting, reducing debt, establishing and improving credit, connecting to...
Wells Fargo and CFE Fund Expand Access to Free Financial Counseling
...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...
CFE Fund to Expand Free Financial Counseling to 50 Cities Through FEC Public Platform
...with the CFE Fund to launch free, 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...
Bank On National Account Standards (2017- 2018)
...allowable bill pay functionality: standard-meeting transaction accounts must either offer internal bill pay or instead provide consumers access to at least four free money orders or bank checks per month....
Five New Cities Chosen to Develop Free Financial Counseling
In this March 2021 press release, the CFE Fund, with support from seed funder Bloomberg Philanthropies, as well as Capital One, the Citi Foundation, The JPB Foundation, JPMorgan Chase &...
CFE Fund Announces More Than 100 Bank On Certified Accounts
...Bank On certified accounts were opened in 2019. With the certification of BMO Harris’ Smart Money™ Account, BOM Bank’s EZ Checking account, Rio Grande Credit Union’s Fresh Start Checking, US...
CFE Fund Announces Opening of New Financial Empowerment Centers in 5 Cities
Financial Empowerment Centers offer free, professional, one-on-one financial counseling to enable residents to address their financial needs and plan for their futures. In this March 2013 press release, the CFE...
COVID-19 Resources
...can be opened online. Municipal financial empowerment is a fundamental aspect of help and recovery. As city governments and others help residents navigate the financial impacts of the COVID-19 crisis,...