...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...
This March 2018 press release announces a $1 million investment from Wells Fargo in the CFE Fund’s replication of its proven Financial Empowerment Center (FEC) model in 12 cities under...
...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...
This Governing article looks at the impact of the Financial Empowerment Center initiative, and its unique connection to local government and focus on outcomes....
...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 safe and affordable banking services, building savings,...
...FEC Planning cohort after a competitive application process. They join 30 other local governments that have already launched, or are working to launch, FEC services that have already served 116,000...
...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....
...Fund and Bloomberg Philanthropies announce the opening of five new Financial Empowerment Center programs to provide free, personalized, and professional financial counseling to residents of Denver, CO; Lansing, MI; Nashville,...
...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,...
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...