...of the mainstream financial system, and can be used to receive and manage the federal Child Tax Credit and other emergency payments. To learn more about Bank On, visit www.cfefund.org/bankon....
...on its programmatic experience working with over 80 municipal governments and community organizations across the country, the CFE Fund urged the CFPB not to change the Overdraft Rule. Overdraft fees...
...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...
...to use the tool; and urges caution as the FDIC explores moving towards online survey responses, given some un/underbanked and low-income consumers’ reluctance to submit personal information via online platforms....
...include low costs, no overdraft fees, robust transaction capabilities such as a debit or prepaid card, and online bill pay. Notable changes in the 2019-2020 Standards include allowing paper statement...
The CFE Fund supports local Bank On coalitions through best practices found in our Bank On Coalition Playbook. Chapters cover a range of topics; newly-released chapters include best practices for...
...as well as by liaising nationally with banking, regulatory, and nonprofit organization partners to expand banking access, including through the first-ever Bank On National Account Standards, updated for 2023 –...
...local government, working to create a fairer consumer financial marketplace. During this exploratory phase, the CFE Fund requests an initial Letter of Interest from interested mayoral or county administrations and...
The updated Bank On National Account Standards, identify critical product features for appropriate bank or credit union accounts. Core account features include low costs, no overdraft fees, robust transaction capabilities...
...coalitions in their footprint and other national Bank On stakeholders. Account verification is free — please apply online here. Read Frequently Asked Questions, and their answers, about the process here....