Expert Topic: Youth Savings Initiatives
Across the country, a number of local governments are increasing the availability of youth savings opportunities for families, with the goal of improving the likelihood that students of limited means...
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Financial Empowerment Cities
...empowerment strategies to build their residents’ financial stability, with a number of localities moving beyond a single program or policy to a dedicated Office of Financial Empowerment. Across more than...
The Citi Foundation and CFE Fund Expand Summer Jobs Connect to New Cities as Part of National Pathways to Progress Initiative
The Summer Jobs Connect (SJC) initiative, generously supported by Citi Foundation, leverages the scale and infrastructure of Summer Youth Employment Programs (SYEPs) to offer banking access and other financial empowerment...
Growing Banking Access Movement Stakeholders Gather in Washington, DC
...of financial institutions across the country offering safe and affordable transaction accounts certified as meeting Bank On National Account Standards; unveiled a national Bank On data portal into which financial...
Bank On Account Validation
The CFE Fund invites financial institutions with products they believe meet Bank On National Account Standards (2019 – 2020) to apply for validation, and invites local Bank On coalitions to...
Bank On
...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 –...
Nine Local Governments Chosen to Develop Financial Counseling as a Free Public Service
...vibrant national learning community to help local government partners plan, launch, and sustain Financial Empowerment Centers for their residents. To learn more about the national FEC Public initiative, visit www.fecpublic.org...
CFE Fund Comment Letter to Consumer Financial Protection Bureau on Overdraft Lending Regulations
...govern overdraft lending services. Citing evidence from the CFE Fund’s national Bank On initiative, the letter notes the role that overdraft fees play in breeding mistrust and destabilization, and points...
Bank On Fellowship
The CFE Fund’s Bank On national initiative supports local coalitions with strategic and financial support, as well as liaising nationally with banking, regulatory, and nonprofit organization partners to expand banking...
CFE Fund Comment Letter to Treasury on Financial Inclusion Strategy
The CFE Fund recently submitted a comment letter to the U.S. Department of Treasury Office of Consumer Policy in response to a Request for Information on developing a national strategy...