May 9, 2012
A mentor of mine once told me, “If you want to sell a man lawn seed, talk about his lawn, not your seed.”
Apr 11, 2012
Last week, CFED released a report called Partnerships You Can Bank On: Sustainable Financial Institution Engagement in Bank On Programs
Apr 4, 2012
We need your help! In February, I submitted a proposal to lead and moderate a roundtable session
Mar 14, 2012
Today, David Rothstein from Policy Matters Ohio is testifying to the Senate Banking Committee in a hearing entitled “Examining Issues in the Prepaid Card Market.”
Feb 9, 2012
New York City Mayor Bloomberg, Consumer Affairs Commissioner (and longtime CFED friend) Mintz
Jan 26, 2012
The Center for Financial Security (CFS) at the University of Wisconsin-Madison recently launched its Financial Security Index
Jan 20, 2012
Suze Orman, the financial advice guru, has been in the news recently for offering a branded prepaid card.
Jan 10, 2012
Lend for America, a new internship program, helps proven young leaders start campus-based microfinance institutions (MFIs) that create new businesses and new jobs.
Dec 14, 2011
Where are the all-time most unbanked places in America? New data is available for every census tract, city/place and county in the country.
Nov 22, 2011
Earlier this month, a partnership between CFED, the National League of Cities
Nov 16, 2011
Last week, CFED Board Member and Four Bands Executive Director Tanya Fiddler
Nov 1, 2011
This morning, CFED, with support from the U.S. Department of the Treasury and in partnership with
Oct 27, 2011
The Pew Health Group released a new report on the unbanked and underbanked in Los Angeles, "Slipping Behind: Low-Income Los Angeles Households Drift Further from the Financial Mainstream."
Oct 18, 2011
New data released today by CFED's Research Team reveals enormous disparities along racial lines
Oct 7, 2011
On Tuesday, CFED Vice President for Policy & Research Ida Rademacher testified before the Senate Committee on Banking
Sep 20, 2011
We are excited to announce that CFED President Andrea Levere, along with CFED staff and special guests, will ring the Opening Bell at the New York Stock Exchange TOMORROW, Wednesday, September 21!
Sep 9, 2011
The CDFI Fund recently awarded a total of $11,847,579 to 35 Native CDFIs and organizations serving economically distressed Native communities across the nation.
Sep 9, 2011
Letter of Intent Deadline October 3: AARP Foundation Seeks Innovative Ideas on Income
Sep 6, 2011
Forbes' Rahim Kanani recently interviewed CFED founder and general counsel Bob Friedman for his column that focuses on leadership in the social sector.
Aug 30, 2011
The Office of Financial Empowerment has partnered with five credit unions to offer an alternative payday loan
Aug 18, 2011
CFED is pleased to join the Annie E. Casey Foundation as a 2011 KIDS COUNT Data Book outreach partner.
Aug 3, 2011
Of the three component of the competitiveness triangle – innovation, entrepreneurship and human capital
Jul 29, 2011
Earlier today, CFED President Andrea Levere gave a presentation to the National Urban League Conference
Jul 21, 2011
Here is a timely and hard-hitting post from CFED’s Innovative Idea Champion Jack Towarnicky, prompted by a recent front-page
Jul 11, 2011
This morning, Spotlight on Poverty and Opportunity posted content in their Exclusive Commentary section about
Jun 22, 2011
Today, we enthusiastically announced our newest endeavor in this realm – the launch of the Partnership for College Completion (PCC).
Jun 21, 2011
Last week, I attended the Center for Financial Services Innovation’s (CFSI) Underbanked Financial Services Forum.
May 18, 2011
Recruit original cosponsors for Supplemental Security Income asset limit reform!
May 3, 2011
A while back I wrote about asset poverty and how asset-building, not just income, is critical to achieving financial stability.
May 2, 2011
We want to congratulate Margaret Libby, executive director of Mission San Francisco Community Financial Center
Apr 26, 2011
Katherine Newman and Rourke O’Brien’s new book, Taxing the Poor, takes an in depth look at
Apr 19, 2011
In April of 2010, I joined a team of innovative credit unions through the Filene i3
Apr 13, 2011
In his speech earlier this afternoon, President Obama rightly identified tax reform as a major part of the solution
Apr 13, 2011
It is exciting to learn that Ed Ablard's advocacy with Pentagon Federal Credit Union, which
Apr 6, 2011
Since the 1930s, strong labor unions, both in the private and public sectors, have played an integral role
Mar 21, 2011
Last Tuesday marked the launch of the new Moment of Truth Project – an effort led by
Mar 8, 2011
The Huffington Post column, "Alternative Credit Reporting: Is Experian Really Going to Help You Rebuild Your Credit?", inaccurately describes the extensive research and proven impact of full-file reporting of utility and telecom data. The authors conflate utility and telecom payment data -- which has extensive research and practice demonstrating positive benefits -- with rental payments that is new data and lacks the same analysis and demonstration.
Feb 18, 2011
Some of the excitement at the Innovation Marketplace of the 2010 Assets Learning Conference came from the fact that visitors could exercise their market skills by buying unique products and services. Mercado Global was one of the Marketplace’s featured International Innovations. Founded by Ruth DeGolia when she was a student at Yale, Mercado Global is a cutting-edge nonprofit, Fair Trade organization with an innovative approach to fighting poverty and empowering indigenous women in Guatemala’s highlands by connecting their artisan cooperatives to sales opportunities in the U.S. on an unprecedented scale.
Sep 24, 2010
Speaking yesterday at the opening plenary of CFED’s biennial Assets Learning Conference, Thomas Shapiro and Melvin Oliver outlined four strategies for eliminating the United States’ racial wealth gap. Shapiro and Oliver are authors of Black Wealth/White Wealth, a flagship work on wealth and inequality. Speaking to a crowd of over 1,000 advocates and service providers from all over the United States, Shapiro and Oliver linked historical practices such as redlining and discrimination by the federal housing administration, insurance companies and financial institutions and today’s subprime lending crisis. Shapiro and Oliver pointed out that today—in 2010—the average African American household owns 10% of the wealth of the average white American household—a chilling statistic which hasn’t changed since the 1980s.