Louisville Joins the Cities for Financial Empowerment to Expand Financial Literacy and Empowerment Initiatives


County of Hawai'i Joins the Cities for Financial Empowerment to Expand Financial Literacy and Empowerment Initiatives


Cities for Financial Empowerment Coalition Urges Reform of Community Reinvestment Act Regulations


Cities for Financial Empowerment Coalition Weighs in on Consumer Provisions of Financial Overhaul Bill


Cities for Financial Empowerment Coalition Comments on the Federal Deposit Insurance Corporation’s Proposed Templates for Safe, Low-Cost Transactional and Basic Savings Accounts


Cities for Financial Empowerment Coalition Comment on Amendment That Would Exempt Auto Dealers from New Lending Rules


Bank on San Francisco


Bank on Seattle-King County

ABOUT CFE COALITION

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CFE Coalition Principles

Mission
CFE member cities commit to aggressively and creatively leverage local opportunities, resources, and powers to improve the financial health of their residents.
Three Core Beliefs
1.	Americans with low and moderate incomes face real obstacles to achieving financial security for themselves and their families. In America, it is expensive to be poor. Too many families work too hard just to get by, too many of them pay too much for too little; too few have real opportunities to get ahead. Obstacles to financial security include higher costs for basic financial services, difficulty in securing safe and low-cost credit, limited access to useful financial information, and the pervasiveness of predatory lending.
2.	These obstacles must be broken down so these families have more accessible and better pathways to financial stability. Hard-working Americans need significantly better access to more appropriate financial products and services so they can grow their wealth and create a more secure future for themselves and their families. Gains made through even the most ambitious and forward-thinking of social services are too easily undermined when recipients cannot secure their financial well-being.
3.	City governments are uniquely poised to break down these barriers and actually create such opportunities. Because of their multifaceted relationships with the diverse array of community stakeholders, their literal ability to connect those stakeholders and the public, and their many local enforcement and lawmaking powers, cities that embed financial empowerment programming within their municipal government can take bold and concrete steps to substantially improve the financial health of their residents.
Inspired by these three core beliefs, member cities are committed to work collaboratively to:
	Share data, best practices, and strategies to help member cities improve existing programming, adapt lessons learned in other cities to diverse local circumstances, and pioneer new approaches to persistent problems;
	Work strategically with state and national stakeholders to advance the financial empowerment agenda; and
	Increase public awareness of key issues and opportunities through coordinated education and outreach efforts.