Summer Jobs Connect | Cities for Financial Empowerment Fund

Summer Jobs Connect Youth Account Priorities

Posted on January 28, 2016February 12, 2018 by Katie Plat

The Summer Jobs Connect initiative, generously supported by Citi Foundation, leverages the scale and infrastructure of Summer Youth Employment Programs to offer banking access and other financial empowerment opportunities, helping to transform a summer job into an on-ramp to the financial mainstream.

These Summer Jobs Connect Youth Account Priorities outline the features that Summer Jobs Connect city partners prioritized in transactional accounts for participants. Key features include no required starting balance (the deposit requirement was suspended until the first paycheck); no monthly fees; and noncustodial accounts, accounts that are available for youth under 18 without requiring an adult “custodian” to cosign or guarantee the account.

The Citi Foundation and CFE Fund Expand Summer Jobs Connect to New Cities as Part of National Pathways to Progress Initiative

Posted on March 3, 2015November 1, 2016 by Soliant Admin

The Summer Jobs Connect (SJC) initiative, generously supported by Citi Foundation, leverages the scale and infrastructure of Summer Youth Employment Programs (SYEPs) to offer banking access and other financial empowerment opportunities, helping to transform a summer job into an on-ramp to the financial mainstream.

This March 2015 press release announces the Citi Foundation and the CFE Fund’s $4.6 million investment in a second, expanded year of the Summer Jobs Connect initiative. In Year Two, the program expanded to include Washington, DC and St. Louis, MO. The announcement also marks the launch of the CFE Fund’s report Summer Jobs Connect: More Than a Job: Lessons from the First Year of Enhancing Municipal Summer Youth Employment Programs through Financial Empowerment, which details important lessons from the programs in Chicago, Los Angeles, Miami, New York City, and San Francisco over the 2014 program summer.

The Five Key Financial Empowerment Touchpoints for Summer Youth Employment Program Integration

Posted on March 3, 2015February 12, 2018 by Soliant Admin

This infographic illustrates the key programmatic touchpoints—application, enrollment, orientation, payroll, and ongoing training—that SJC partners used to integrate financial empowerment strategies into their SYEPs.

More than a Job: Lessons from the First Year of Enhancing Municipal Summer Youth Employment Programs Through Financial Empowerment

Posted on March 3, 2015February 27, 2017 by Soliant Admin

This report details lessons learned from initial steps to integrate financial empowerment strategies into Summer Youth Employment Programs. Through developing and building new partnerships, taking advantage of important touchpoints throughout the program, and setting goals informed by youth capacities, SJC cities are beginning to build a blueprint for this new national SYEP model.

Leaders of Business, Government, and Non-profit Sector to Gather with President Obama’s Advisory Council to Discuss Financial Inclusion Strategies

Posted on July 10, 2014February 27, 2017 by Soliant Admin

This July 2014 press release announces the launch of Summer Jobs Connect in five cities at the CFE Coalition Forum in Los Angeles. At the meeting, Coalition members discussed ways that US cities could promote financial inclusion, with a focus on teens and young adults. In addition, members of the Cities and Communities Working Group of President Obama’s Advisory Council on Financial Capability of Young Americans attended the Coalition meeting. The Council was formed in 2013 to advise the President on ways to provide young people with financial knowledge and skills at an early age so that they can make wise decisions concerning their future financial stability.