Cities for Financial Empowerment Fund
The CFE Fund helps mayors with strategies developed for cities … by cities.
This issue, Issue 23, provides updates on the CFE Fund’s and partner cities’ financial empowerment efforts, including those related to COVID-19 recovery.
In advance of the newly expanded federal Child Tax Credit monthly payments, the CFE Fund and Bank On coalitions are highlighting the availability of safe and affordable Bank On certified accounts; the CFE Fund recently announced that there are over 100 accounts certified as meeting the Bank On National Account Standards. Additionally, the Summer Jobs Connect initiative has launched its eighth summer, and the CFE Fund recently selected a new cohort of Financial Empowerment Center partners. This issue also features a guest column from Robin McKinney and Sara Johnson, from CASH Campaign of Maryland, highlighting their work with the Maryland Department of Labor to offer Bank On certified accounts for residents receiving unemployment payments.