Funding

Bank On Academy is a technical assistance opportunity for prospective Bank On coalitions to engage with the Bank On Logic Model as a foundation for coalition development and activity. The six-month program will consist of two phases: Phase One includes self-paced modules that cover the essential building blocks of coalition leadership, as well as regular module debrief calls with the Bank On team and fellow Academy participants. Phase Two prepares participants to launch and lead the Bank On coalition and includes individual technical assistance from the CFE Fund’s Bank On team. Enrollees in the program should expect a time commitment of 1-2 hours to week, in addition to bi-weekly cohort debrief calls. Bank On coalitions who have completed Academy will be eligible to apply for funding through the Bank On Capacity Grant.

Bank On Academy registration closes on Friday, September 27.

The FEC Academy is an opportunity for local governments to learn about the key building blocks of bringing the FEC model to their communities. The program includes significant CFE Fund technical assistance, access to planning resources and information, and participation in a robust learning community. Upon completion of the FEC Academy, partners will be equipped to mobilize the building blocks to launch the Financial Empowerment Center initiative in their community. FEC Academy partners are eligible to receive a $20,000 planning grant.   Partners who complete Academy are also eligible to apply for up to $150,000 in match funds for program implementation from the CFE Fund. 

The CFE Fund will hold informational webinars on this opportunity on September 18 (register here) and October 2 (register here).

Enroll now for the next FEC Academy cohort; applications are due by October 18!

The CFE Fund has a number of funding opportunities to support banking access efforts, including the Bank On Capacity Grant:

Capacity Grant: The CFE Fund’s Bank On Capacity Grant aims to assist leadership of local Bank On coalitions in expanding banking access by providing capacity support for an existing Bank On coalition that has, or envisions, coalition leadership that is at least half time of that person’s portfolio. Grantees work one-on-one with the CFE Fund team to build out coalition activities, including increasing the number of certified accounts available locally, and designing new programmatic integrations.  The CFE Fund also convenes a grantee learning community for peer-to-peer support. The Capacity Grant is renewable for coalitions who meet grant objectives.