COVID-19 Resources
...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,...
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CFE Coalition Comment Letter on the FDIC National Survey of Unbanked and Underbanked Households
...Federal Deposit Insurance Corporation’s (FDIC’s) National Survey of Unbanked and Underbanked Households is useful and necessary, especially to inform Bank On programming and aligned financial products. The Coalition highlights specific...
Bank On National Account Standards (2019-2020)
The updated Bank On National Account Standards identify critical product features for bank or credit union accounts appropriate to those currently outside of the mainstream banking system. Core account features...
An Evaluation of Financial Empowerment Centers: Building People’s Financial Stability As a Public Service
...Centers (FECs) offer professional, one-on-one financial counseling as a free public service. The evaluation draws on data from 22,000 clients who participated in 57,000 counseling sessions across these first 5...
Executive Summary – An Evaluation of Financial Empowerment Centers: Building People’s Financial Stability As a Public Service
...Antonio, TX). Financial Empowerment Centers (FECs) offer professional, one-on-one financial counseling as a free public service. The evaluation draws on data from 22,000 clients who participated in 57,000 counseling sessions...
Bank On Account Validation
...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....
The CFE Fund Launches Updated Bank On National Account Standards (2017-2018), New Account Certification Process, and Local Coalition Playbook
This January 2017 press release announces a suite of new Bank On resources: Bank On National Account Standards, updated for 2017-2018; a free online Bank On account validation and certification...
CFE Fund Comment Letter to Treasury on Financial Inclusion Strategy
...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....
Local Consumer Financial Protection Initiative
...to offer their residents consumer financial protection and empowerment. Local consumer protection agencies can augment financial empowerment gains by protecting consumer assets through licensing, regulation, enforcement, mediation, and outreach and...
CFE Fund and Wells Fargo Announce Second Cohort of Bank On Fellowship
...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 Fellowship program, visit www.cfefund.org/bankon....