...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 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...
This March 2017 press release details the Citi Foundation’s ongoing support; their $5 million investment will provide more than 2,400 low-income youth with summer jobs and access to financial education...
This press release announces that over 82,000 people have reduced a total of $100 million in debt through municipal Financial Empowerment Centers (FECs). The Financial Empowerment Center initiative provides high-quality,...
...are over 100 accounts certified as meeting the Bank On National Account Standards. Additionally, the Summer Jobs Connect initiative has launched its eighth summer, and the CFE Fund recently selected...
...next three years. With nearly $19 million in new support, the CFE Fund will replicate its proven Financial Empowerment Center (FEC) model – which helps low- and middle-income residents decrease...
...a decade of work and 100+ city and county partner experiences, the CFE Fund has seen the importance of dedicated leadership to catalyze other opportunities, like connecting financial empowerment to...
...Louisiana. They will join a community of 100 local Bank On coalitions across the country, led by or working closely with local government to expand access to financial products through...
Bank On coalitions are locally-led partnerships between local public officials; city, state, and federal government agencies; financial institutions; and community organizations that work together to help improve the financial stability...
With support from the W.K. Kellogg Foundation, the CFE Fund seeks to identify mayoral or county administrations interested in partnering to build out a consumer financial protection division within their...