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Cities for Financial Empowerment Fund Launches Free Legacy Planning Supports to Increase Asset Protection and Intergenerational Wealth

In this October 2025 press release, the CFE Fund announced the launch of free legacy planning services as a core component of the national Financial Empowerment Center (FEC) model.

The Skyline: How Two Municipalities Built Innovative Approaches to Local Consumer Financial Protection

To ensure strong financial futures for residents, local governments increasingly are using their unique powers to protect consumers from scams, fraud, and financial abuse. Two municipalities offering notable consumer protection models are Cuyahoga County, OH—who launched a “Scam Squad” to combat financial scams—and Denver, CO, who passed an innovative wage theft ordinance and launched an accompanying complaint hotline to support enforcement.

CFE Fund Comment Letter on the Proposal to Rescind the 2023 Community Reinvestment Act Final Rule

The CFE Fund recently submitted a letter to the Federal Deposit Insurance Corporation in response to their request for comment on the proposed rulemaking rescinding the 2023 Community Reinvestment Act Final Rule (CRA).

The Skyline: How Two Transit Agencies Leveraged Payment System Changes As Banking Access Opportunities

By connecting riders to Bank On certified accounts, two local transit agencies used the shift to contactless payment to help bring riders into the financial mainstream.

Six Cities to Develop Local Wealth Building Strategies

In this June 2025 press release, the CFE Fund announced that six new cities have been chosen to join the next CityStart cohort. The CityStart initiative helps local leaders develop and implement proven strategies to help local families and communities become more financially stable.

Seven Cities Enhance Small Business Services by Offering Financial Counseling for Entrepreneurs

In this March 2025 press release, the CFE Fund accounced the selection of seven local governments to offer small business owners and entrepreneurs one-on-one Financial Empowerment Center (FEC) financial counseling through the CFE’s Small Business Boost (SBB) initiative.

CFE Fund Comment Letter on Bank-Fintech Partnerships

The CFE Fund recently submitted a letter to the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and the Federal Reserve Board in response to their request for information about Bank-FinTech partnerships.

The Skyline: How Two Cities Leveraged Financial Empowerment as Connective Tissue for Housing Success

By connecting financial empowerment to rental assistance programs, two cities supercharged social service success and brought together a range of partners to build a cohesive ecosystem around longer-term financial stability.

FEC Public: The Movement to Date

The CFE Fund has spent more than a decade supporting and enhancing financial counseling as a public service, resulting in a sustainable, proven program model that works in a range of local contexts.

CFE Comment Letter to National Association of State Workforce Agencies on Open UI Initiative

The CFE Fund recently submitted a comment letter to the National Association of State Workforce Agencies (NASWA) in response to their request for information on the Open Unemployment Insurance Initiative.