...can be opened online. Municipal financial empowerment is a fundamental aspect of help and recovery. As city governments and others help residents navigate the financial impacts of the COVID-19 crisis,...
...include low costs, no overdraft fees, robust transaction capabilities such as a debit or prepaid card, and online bill pay. Notable changes in the 2021-2022 Standards include disallowing activation and...
This brief summarizes findings about the FEC counseling process in the five FEC replication cities and is excerpted from the CFE Fund’s full report, An Evaluation of Financial Empowerment Centers:...
...Bank On accounts locally. The CFE Fund and Federal Reserve Bank of St. Louis hosted a webinar on this report and the Data pilot. Click here to watch the webinar....
...In 2017, financial counselors at Financial Empowerment Centers (FECs) in Nashville and Philadelphia tested an innovative approach to defining, discussing, and tracking their clients’ efforts to build savings, using new...
...clients’ efforts to build savings, using new savings outcomes. The CFE Fund combined counselor and client experiences with academic and policy research to operationalize the field’s thinking about how people...
...W.K. Kellogg Foundation, and support from the Annie E. Casey Foundation, the CFE Fund selected four local governments to launch local offices of consumer protection. These cities have each successfully...
This brief details banking outcomes in the five FEC replication cities, and is excerpted from the CFE Fund’s full report, An Evaluation of Financial Empowerment Centers: Building People’s Financial Stability...
This brief details client achievement of financial outcomes in the five FEC replication cities, and is excerpted from the CFE Fund’s full report, An Evaluation of Financial Empowerment Centers: Building...
This brief details how the FEC model’s partnership and integration process worked in the five replication cities, and is excerpted from the CFE Fund’s full report, An Evaluation of Financial...