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
Expand Financial Inclusion For All
Imagine immigrating to America to seek a better life for your family. You strive for a better economic opportunity that will afford living expenses, obtain adequate housing, and ac
The Personal Debt Conundrum
It was sobering to see the Federal Reserve Bank of New York’s Q1 2023 report on household debt, where total US household debt surpassed $17 trillion at the end of […]
Data Insights: Withdrawals January – May 2021
Since our founding, Community Financial Resources (CFR) has actively tracked the impact of our products on the communities we serve through de-identified transactional data. Check
Data Insights: The State of Withdrawals, Deposits & Savings in 2020 Compared to 2019.
Community Financial Resources (CFR) has always actively tracked the impact of our products on the communities we serve through de-identified transactional data. Starting in 2021, w
News Release: CFR Partners with the County of Santa Clara to Pilot GBI
NEWS RELEASE For Immediate Release November 1, 2020 Contact: Parisa Esmaili, Executive Director, Community Financial Resources parisa@communityfinancialresources.org Community Fina
Navigating the Promise and Pitfalls of Debt Consolidation? Read this Prosperity Now brief!
Debt and past-due bills negatively impact the financial lives of many low- and moderate-income Black/African Americans. Yet many community members feel hesitancy around debt consol
About that Stimulus Payment…
The Federal Government is now depositing Stimulus Payments. Here is what you need to know. The impact of COVID-19 has been devastating to working families, leaving many anxious to
