CFE Fund

The CFE Fund is now active on Bluesky! Follow us at @cfefund.bsky.social for financial empowerment news, program updates, and grant opportunities, and visit cfefund.org for more information.

Today, DISB joined leaders from local organizations, the @FDICgov and @CFEfund to discuss how to bridge the gap between District residents and banking institutions.

ICYMI: #FDIC (bit.ly/fdicsurvey23) & #BONDHub reports (bit.ly/bondhub23) highlight #BankOn movement success. There are 11 million+ Bank On certified accounts open, & the unbanked rate hit an all-time low. Read more on the success of Bank On: bit.ly/3Zh35Rh

According to @FDICgov, the unbanked rate in OH & Northeast Ohio increased from '21 to '23 (now 4.2% in OH, 5.4% NEO), while rates in the US declined. Good summary here w/ quotes from @CFEfund @CityofCleveland & @ClevelandFed: crainscleveland.com/banking-financ… via @CrainsCleveland

DUE TOMORROW: Apply now for #CityStart & #FinancialEmpowermentCities. Learn more and apply here: bit.ly/3TBIKC4

The national unbanked rate has been cut in half since its height in 2011. One reason for the drop? Safe accounts, like those that are #BankOn certified. Read more 👇

NEW #FDIC report (bit.ly/fdicsurvey23) and #BONDHub report (bit.ly/bondhub23) highlight #BankOn movement success. There are more than 11 million Bank On certified accounts currently open, and the unbanked rate is at an all-time low. Click the links to learn more!

We're looking for an experienced consultant to create a training curriculum for municipal #FinancialEmpowermentCenter financial counselors on legacy planning. Proposals are due by November 29. Learn more and submit here: bit.ly/3YxgBQ8

Come learn about the Bank On movement from our partners @cfefund and from some of our financial institution partners on why they participate in this upcoming hybrid roundtable discussion! In-person reg: heyor.ca/lWEBQZ Virtual reg: heyor.ca/iK9U6V

Come learn about the Bank On movement from our partners @cfefund and from some of our financial institution partners on why they participate in this upcoming hybrid roundtable discussion! In-person reg: heyor.ca/lWEBQZ Virtual reg: heyor.ca/iK9U6V

Read our letter to the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, & the Federal Reserve Board's request for info on Bank-FinTech partnerships, noting concerns about mainstream banking access & Fintech safety risks bit.ly/4flWdaZ

@USTreasury Check out @USTreasury's strategy here: bit.ly/3ChS3lq

Thrilled to see @USTreasury's comprehensive, bold strategy for national #financialinclusion. @CFEfund submitted a comment letter outlining how the #BankOn movement can help connect consumers to ~500 certified accounts at 60% of US branches - read more: bit.ly/treasuryletter

We're hiring! The CFE Fund is looking for a Senior Associate to support the integration of legacy planning within the Financial Empowerment Centers (FECs). Please share with your networks! bit.ly/4ft3qVZ

Proud to be part of the first #EmergencyFinancialEmpowerment cohort with @stlofe & build residents’ financial stability before & after a disaster. Thank you, @CFEFund & @BloombergDotOrg, for supporting this work! Learn more: bit.ly/StLouisEFEanno… #ReadySTL

Through our #EmergencyFinancialEmpowerment program, with support from @BloombergDotOrg's Greenwood Initiative, five cities will expand their emergency response infrastructure to address the financial impact of disasters on residents. Learn more: bit.ly/3UfORx4

WEBINAR TODAY: Join at us 2 PM ET to learn about #FinancialEmpowermentCities, a grant opportunity to launch an Office of Financial Empowerment in your City or County. Register now: bit.ly/fecitiesrfp

WEBINAR TODAY: Join us at 3 PM ET to learn about our next #CityStart grant, which helps local governments develop a municipal financial empowerment blueprint with a focus on wealth-building opportunities for Black residents. Register now: bit.ly/citystartrfp

The first #BankOnNewMexico coalition meeting is happening this Monday, October 21 at 9:30am! This hybrid event will showcase the progress and next steps for our coalition. Attend In-person: heyor.ca/xgAuMI Attend Online: heyor.ca/jDK0Hl