The Supervitamin Quarterly Newsletter, Issue 22

This issue, Issue 22, provides updates on CFE Fund’s and partner cities’ COVID-19 response efforts. 

Since the pandemic began, 31 cities and counties have launched Financial Navigators initiatives to provide phone-based financial triage and resource referrals; 35 municipal Financial Empowerment Center (FEC) partners are offering, or are working to launch, one-on-one financial counseling through FEC programs; and more than 80 Bank On coalitions are working to connect their communities to safe and affordable banking products so they can safely receive and use stimulus payments, unemployment benefits, wages, and more. This issue also features a guest column from Nick Gradisarthe Mayor of Pueblo, CO, highlighting the key role the CityStart and Financial Navigators initiatives have had in Pueblo’s emergency response.

The Supervitamin Quarterly Newsletter, Issue 21

This issue, Issue 21, details how the CFE Fund and our city partners continued to respond to COVID-19. Financial Empowerment Center initiative partners received CFE Fund support to meet increased demand due to the COVID-19 pandemic; the CFE Fund continued building out its newest program, the Financial Navigator initiative, to help cities provide remote financial triage and referrals; and the CFE Fund released the 2021-2022 Bank On National Account Standards. In addition, the CFE Fund announced the new cohort of Consumer Financial Protection Initiative grantees, who will focus first on a COVID-19 consumer awareness campaign and then plan for broader consumer financial protection capabilities within the city. This issue also features a guest column from the American Bankers Association (ABA) CEO and President, Rob Nichols, highlighting a recent partnership encouraging ABA partner banks across the country to offer Bank On certified accounts 

The Supervitamin Quarterly Newsletter, Issue 20

This issue, Issue 20, details the CFE Fund’s and city partners’ response to COVID-19. Financial Empowerment Center initiative partners pivoted to remote counseling; the CFE Fund announced a new program, the Financial Navigator initiative, to help cities provide remote financial triage and referrals; and Bank On coalition partners shared information about safe bank and credit union accounts that could be used to receive stimulus and other emergency payments. In addition, the CFE Fund announced the new cohort of Consumer Financial Protection Initiative grantees, who will focus first on a  COVID-19 consumer awareness campaign and then plan for broader consumer financial protection capabilities within the city. This issue also features a guest column from the City of Newark, New Jersey’s Mayor Ras Baraka on the city’s Summer Youth Employment Program plans as part of the Summer Jobs Connect initiative.

The Supervitamin Quarterly Newsletter, Issue 19

This issue, Issue 19, includes new highlights from the second CityStart cohort, exciting program updates from the growing Financial Empowerment Center (FEC) and Bank On national movements, as well as grant opportunities for the CFE Fund’s Local Consumer Financial Protection, Summer Jobs Connect, and newly-launched Wages Connect initiatives. This issue also features a guest column from the City of Rochester, New York’s Mayor Lovely Warren, highlighting the momentum established during Rochester’s CityStart engagement, which ultimately led to the creation of an Office of Community Wealth Building and the launch of the City’s Financial Empowerment Center (FEC) as part of the CFE Fund’s FEC Public movement.

The Supervitamin Quarterly, Issue 18

This issue, Issue 18, includes highlights from the second CityStart cohort, a newly selected Financial Empowerment Center (FEC) cohort, as well as exciting program updates for the CFE Fund’s Local Consumer Financial Protection, CityStart, Bank On, FEC, and Summer Jobs Connect initiatives. This issue includes the release of new findings from research on engaging unbanked people, featuring a guest column from the strategic communications firm RALLY, discussing the project, it’s findings, and the most effective messages to communicate with those who are unbanked about the value of safe bank accounts.

The Supervitamin Quarterly, Issue 17

This issue, Issue 17, includes highlights from the 2019 Bank On National Conference, a new Financial Empowerment Center (FEC) funding opportunity, as well as exciting program updates for the CFE Fund’s Local Consumer Financial Protection, CityStart, Bank On, FEC, and Summer Jobs Connect initiatives. This issue’s guest column is a summary of a conversation from the 2019 Bank On National Conference exploring the municipal connection to Bank On with Mayor Keisha Lance Bottoms of the City of Atlanta, GA; Mayor Chokwe Antar Lumumba of the City of Jackson, MS; and Mayor Frank Scott Jr. of the City of Little Rock, AR. It also includes local updates from the CFE Coalition, and recent financial empowerment news.

Supervitamin Quarterly, Issue 16

This issue, Issue 16, includes registration for the 2019 Bank On National Conference, exciting program updates for the CFE Fund’s Financial Empowerment Center (FEC) replication, CityStart, and Local Consumer Financial Protection initiatives; upcoming grant opportunities; and new Bank On resources. It also includes local updates from the CFE Coalition, and a guest column from Lin Lin Liang, Bank On Fellow for the Bank On Suncoast coalition.

Supervitamin Quarterly, Issue 15

This issue, Issue 15, highlights the findings from the CFE Fund and Federal Reserve Bank of St. Louis’ 2017 Bank On Data Pilot; along with new Bank On resources; updates on the scaling of the Financial Empowerment Center initiative under the FEC Public platform; early successes seen from CFE Fund’s CityStart initiative; updates on Consumer Financial Protection efforts; and highlights from the fifth year of the Summer Jobs Connect initiative. It also includes local updates from the CFE Coalition, and a guest column from Daniel Davis, Assistant Vice President and Community Affairs Officer at the Federal Reserve Bank of St. Louis.

Supervitamin Quarterly, Issue 14

This issue, Issue 14, highlights the funding opportunity and scaling of the Financial Empowerment Center initiative under the FEC Public platform; new city partners under the CFE Fund’s CityStart initiative; updates on Consumer Financial Protection efforts; highlights from the fifth year of the Summer Jobs Connect initiative; and new Bank On resources. It also includes local updates from the CFE Coalition, and a guest column from Mayor David Briley of the city of Nashville, TN.

Supervitamin Quarterly, Issue 13

This issue, Issue 13, celebrates the 10th anniversary of the municipal financial empowerment field. The newsletter includes details on the CFE Fund’s CityStart initiative and funding opportunity; updates on Consumer Financial Protection efforts; highlights on the scaling of the Financial Empowerment Centers under the FEC Public platform; updates on the growing Summer Jobs Connect initiative; and provides new Bank On resources and funding opportunities. It also includes local updates from the CFE Coalition, and a guest column from CFE Coalition Co-Chairs, José Cisneros, Treasurer, City and County of San Francisco, and William Porro, Assistant Director, City of Miami.