Cities for Financial Empowerment Fund
The CFE Fund helps mayors with strategies developed for cities … by cities.
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, and updates on critical support from Bank On partners, both regulators and financial institution. The issue also includes a new report, jointly authored by the CFE Fund and the National Consumer Law Center, on the effect of account screening consumer reporting agencies on banking access; a series of briefs from the Summer Jobs Connect initiative; an update on the work of the Next Generation Municipal Financial Empowerment awards; and evaluation findings and resources related to SaveUSA, a tax-time matched savings program. Finally, the issue includes a guest column from Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg on Bank On and the importance of access to banking efforts.