Cities for Financial Empowerment Fund
The CFE Fund helps mayors with strategies developed for cities … by cities.
The CFE Fund’s 2017 National Bank On Conference brought together key stakeholders from multiple sectors across the country.
Keynote addresses were delivered by Federal Deposit Insurance Corporation Chairman Martin J. Gruenberg and Office of the Comptroller of the Currency Senior Deputy Comptroller for Compliance and Community Affairs Grovetta Gardineer.
During the conference, the CFE Fund leaders revealed the growing list of financial institutions across the country offering safe and affordable transaction accounts certified as meeting Bank On National Account Standards; unveiled a national Bank On data portal into which financial institutions with certified accounts could report basic information underscoring the vitality of the accounts; and highlighted resources to help local Bank On coalitions better connect residents to safe, affordable mainstream banking products, including a coalition Playbook, coalition capacity grants, and a new national Fellowship opportunity.
Other discussion topics included innovations in safe and affordable financial products; strategies for banking access connectivity; and reflections on coalition banking access success strategies.