...well as innovative programmatic approaches to helping unbanked people open safe and affordable accounts when they start a new job. Pilot partners identify ways to integrate banking access into existing...
...payment and program opportunities including unemployment insurance, workforce development programs, and more. This cohort includes three statewide coalition leaders who will work to expand banking access across their entire states....
...unemployment payments. Previously, these payments were disbursed through paper checks or prepaid cards. Both states have ceased payments through prepaid cards, and focused instead onthe availability of safe banking accounts...
...on large-scale government program and payment opportunities to connect unbanked Americans to mainstream banking, outlining a range of promising “bankable moments” related to federal programs. Read the full letter here....
The CFE Fund recently submitted a comment letter to the National Association of State Workforce Agencies (NASWA) in response to their request for information on the Open Unemployment Insurance Initiative....
...the CFE Coalition Forum in Los Angeles. At the meeting, Coalition members discussed ways that US cities could promote financial inclusion, with a focus on teens and young adults. In...
...multi-city network of Bank On program coordinators, equipping them with the training, tools, and resources to make significant advancements in local banking access efforts and at the same time generating...
...to make significant advancements in local banking access efforts and at the same time generating best practices for other coalitions around the country. To learn more about the Bank On...
...and 3) looks to the Federal Reserve Bank of St. Louis’ Bank On National Data Hub as an example of key metrics that examiners might use to assess financial institution...
...Interagency Questions and Answers Regarding Community Reinvestment. The Coalition recommends a number of factors that the Community Reinvestment Act (CRA) examination process should take into account. First, the Coalition encourages...