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Request For Proposals: In Kind Technical Assistance Grants

The CFE Fund sought applications from mayors interested in implementing the evidence-based Financial Empowerment Center model that was developed in New York City and is now being replicated in other cities through the CFE Fund.

Supervitamin Quarterly, Issue 6

This issue, Issue 6, announces the city recipients of In-Kind Technical Assistance grants to launch and replicate the Financial Empowerment Center initiative; provides updates on the four new pilot programs supported by the Bank On Innovation Fund; highlights the expansion of Summer Jobs Connect and the release of a report highlighting key lessons learned from the initiative’s first year; includes a call for essays on the professionalizing field of financial counseling and coaching; and features a Federal Reserve guest columnist on their new Community Credit initiative.

The Professionalizing Field of Financial Counseling and Coaching – A Call for Essays

The CFE Fund issued a call for essay abstracts related to the importance of a professional approach to the field of low income financial counseling and coaching in an attempt to document stakeholders’ current thinking, their priorities, and their progress towards professionalizing this field.

Next Generation Municipal Financial Empowerment Award Given to Five U.S. Mayors: Award Recognizes, Supports Emerging Municipal Financial Empowerment Leaders

The CFE Fund’s Next Generation Municipal Financial Empowerment Award grows the municipal financial empowerment field by cultivating and supporting innovative ideas from new mayoral administrations. This May 2015 press release announces the five city leaders chosen through a competitive RFP process to receive this award: Boston Mayor Martin J.

Are Government Efforts to Help Poor People Manage Money Working?

This Governing article looks at the impact of the Financial Empowerment Center initiative, and its unique connection to local government and focus on outcomes.

CFE Coalition Comment Letter on the FDIC National Survey of Unbanked and Underbanked Households

The 15-member CFE Coalition has weighed in on key federal policy issues since its founding in 2008. In this 2015 letter, the Coalition affirms that the information collected through the Federal Deposit Insurance Corporation’s (FDIC’s) National Survey of Unbanked and Underbanked Households is useful and necessary, especially to inform Bank On programming and aligned financial products.

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

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.

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

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.

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

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.

Supervitamin Quarterly, Issue 5

This issue, Issue 5, recaps the Bank On 2.0 National Conference and announces the Bank On 2.0 Innovation Fund; highlights the Next Generation Municipal Financial Empowerment Award grant opportunity for new mayors looking to establish financial empowerment initiatives; reviews Financial Empowerment Center initiative progress; and includes a third In-Kind Technical Assistance grant opportunity for cities interested in replicating the Financial Empowerment Center model.