Cities for Financial Empowerment Fund: Bank On Startup Grants

Deadline: rolling

Amount:  $25,000 max

Website: http://cfefund.org/funding/

Description:

The purpose of this program is to provide capacity-building awards to new or newly relaunched banking coalitions in developing the necessary infrastructure for coalition success. Coalitions may include government agencies, nonprofit organizations, and local and regional financial institutions. Awards will allow coalitions to adopt the funding agency’s national account standards, and in launching or relaunching local initiatives. Ultimately, the goal of the program is to support the provision of banking access to consumers with low and moderate incomes, and to ensure that everyone has access to safe and affordable financial products and services.

Eligible applicants:

Coalitions may include government agencies, nonprofit organizations, and local and regional financial institutions