...financial issues and making referrals to other social services and resources. With support from Bloomberg Philanthropies, the Citi Foundation, JPMorgan Chase & Co., and the Wells Fargo Foundation, the CFE...
...phone-based financial triage and resource referrals; 35 municipal Financial Empowerment Center (FEC) partners are offering, or are working to launch, one-on-one financial counseling through FEC programs; and more than 80...
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...
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...
...2008, FEC counseling services have helped 80,000 clients reduce debt, improve credit, open safe bank accounts, and save for the future. The CFE Fund selected twelve local governments as initial...
...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...
...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...
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,...
...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...
...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...