...Fund’s new FEC Public platform. Twelve local governments (Akron, OH; Detroit, MI; Greenville County, SC; Houston, TX; Miami, FL; New Haven, CT; Pittsburgh, PA; Sacramento, CA; San Francisco, CA; Memphis,...
...OH); Bank On Inland SoCal (San Bernardino and Riverside County, CA); Kentucky Bank On Network (State of Kentucky); Bank On New Mexico (State of New Mexico); Bank On Northeast Louisiana...
...demand due to the COVID-19 pandemic; the CFE Fund continued building out its newest program, the Financial Navigator initiative, to help cities provide remote financial triage and referrals; and the...
...new savings indicators for financial counseling success. In 2017, financial counselors at Financial Empowerment Centers (FECs) in Nashville and Philadelphia tested an innovative approach to defining, discussing, and tracking their...
This issue, Issue 14, highlights the funding opportunity and scaling of the Financial Empowerment Center initiative under the FEC Public platform; new city partners under the CFE Fund’s CityStart initiative;...
...and credit union accounts, with partner financial institutions comprising 56% of the U.S. deposit marketshare. Additionally, the issue describes the launch of a new pilot, Small Business Boost, to bring...
In this May 2022 press release, the CFE Fund announced that three new cities have been chosen to join the next CityStart cohort, with a new focus on racial wealth...
...for a new Retail Services and Products Test that would evaluate a bank’s branch availability, delivery systems, and the responsiveness of their products to the needs of low- and moderate-income...
...Employment Programs. Through developing and building new partnerships, taking advantage of important touchpoints throughout the program, and setting goals informed by youth capacities, SJC cities are beginning to build a...
This issue, Issue 6, announces the city recipients of In-Kind Technical Assistance grants to launch and replicate the Financial Empowerment Center initiative; provides updates on the four new pilot programs...