This press release announced a $1 million grant from the Wells Fargo Foundation to increase the size of the Bank On Fellowship Program, which funds a full-time Bank On coalition...
...Bank On certified accounts were opened in 2019. With the certification of BMO Harris’ Smart Money™ Account, BOM Bank’s EZ Checking account, Rio Grande Credit Union’s Fresh Start Checking, US...
...well as significant training and technical assistance from CFE Fund staff to design and publicly launch the Office. There are over a dozen active OFEs around the country, including in...
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...
The Emergency Financial Empowerment initiative supports local governments in designing and building an emergency preparedness and response financial empowerment model. Building off lessons learned from the first Emergency Financial Empowerment...
Financial empowerment efforts best achieve high-quality scale and impact when they are integrated into, and led by, local government. Across the country, city and county leaders have turned to financial...
...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...
...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,...
The CFE Fund’s Bank On Listserv is an online community for Bank On coalition members, financial institutions, academics, and other stakeholders interested in banking access efforts. Members can ask questions...
...additional fundraising for sustainability. Local coalitions can apply now through our online grant portal; watch the informational webinar, and read Frequently Asked Questions and their answers about the Fellowship opportunity....