Back to the Future
Some are old enough to remember when the internet and financial services came together in the mid-1990’s, enabling brokerage customers to trade securities online. Clunky dial-up
Thank you US Bank!
Many thanks to @U.S. Bank for its support of Community Financial Resources. We recently received a $75,000 contribution, which will help support low income workers in California.
CRA’s Merry-Go-Round
A contentious issue on the forefront of lending today is the revision to Community Reinvestment Act (CRA) rules, defining the responsibility of banks to provide credit to local com
Announcing the 2023 Impact Report
We’re excited to share the release of our 2023 impact report! In the report you’ll find: A letter from CFR’s Executive Director A snapshot of CFR’s products and programs in
Buy Now Pay Later: Convenience or Debt Trap?
The growth of point-of-sale installment payment options, often known as buy now pay later (BNPL), have offered consumers an alternative to credit cards, providing them flexibility
2023 Holiday Wish List
More lenders who provide safe and affordable loans that improve the credit and/or debt position of low-wealth individuals. Lower-cost basic banking and savings accounts tailored fo
Managing Financial Expectations for the Holiday Season
Tis’ is the holiday season of gratitude and cheer! Alongside this holiday season, comes the giving of gifts to show our gratitude for those we love… And that can be [&helli
CFR Awarded the CalMoneySmart Grant!
Greetings supporters! CFR is delighted to announce being selected as one of the Department of Financial Protection & Innovation’s CalMoneySmart grantees. This grant will ena
Direct Payments (R)Evolution
The growth of direct cash transfer (DCT) programs has been an exciting and promising tool as a means of addressing poverty and wealth inequality. In recent years it has garnered [&
A Better Approach for Unbanked Employees
More than 75% of Americans say that increasing financial stress is impacting their productivity at work. Financial insecurity has hit all-time highs in many segments of the workfor
