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The Skyline: How Three Cities Expanded Banking Access to Residents with Alternative IDs
Regulatory requirements to verify a customer’s identity have posed notable barriers to banking for those who may not have traditional government-issued IDs. But local government leaders and community organizations around...
Bank On Funding
The CFE Fund has a number of funding opportunities to support banking access efforts, including the Bank On Capacity Grant: Capacity Grant: The CFE Fund’s Bank On Capacity Grant aims...
CFE Fund Announces Opening of New Financial Empowerment Centers in 5 Cities
...referrals to other services and organizations. Counselors are professionally trained, and support their clients in navigating complex financial decisions. Financial counseling is integrated into public services including housing services, homeless...
CFE Fund Announces the Launch of Small Business Boost Initiative
...Akron, OH; Lansing, MI; Pittsburgh, PA; Polk County, IA; and Rochester, NY will connect their Financial Empowerment Center initiatives, which offer professional financial counseling as a free public service, to...
Residents Reduce $100M in Debt Through FEC Counseling
...initiative provides high-quality, one-on-one financial counseling as a free public service. Learn more about the CFE Fund’s work to expand this model in 50 cities under its FEC Public platform....
Meeting the Emergency Moment: Key Takeaways from Delivering Remote Municipal Financial Counseling Services
...Financial Empowerment Centers (FECs), which provide professional, one-on-one financial counseling as a public service. Local leaders were able to offer FEC financial counseling as a critical component of their emergency...
Supervitamin Quarterly, Issue 7
This issue, Issue 7, provides a number of Bank On updates, including the launch of the Bank On National Account Standards, the announcement of the Bank On Capacity Grant Fund,...
CFE Coalition CFPB Comment Letter on Payday Loans
...the short-term lending market that trap them in cycles of debt, and offers a number of recommendations. These include: the proposed full payment test should include standardized, transparent methods for...
CFE Fund Comment Letter on Evidence-Based Policy
...critical to local governments as they allocate limited resources, are accountable to residents for quality services, and seek program sustainability across administration changes. Based on programmatic experience from the Financial...