Reforming overdraft can help institutions improve customer finhealth, acquire new customers, and boost loyalty.

Paid leave for medical and caregiving purposes can help workers cope in challenging times.

Many financial services organizations in the United States are taking action to improve their customers’ and employees’ financial health. Through the Financial Health Maturity Assessment Program, this report assesses the survey responses of 43 Financial Health Network Members to identify key opportunities for financial institutions to advance their financial health strategies. Learn about the actions these Members are taking within each pillar and phase of the FinHealth MAP, and gain insights into the areas they still need to prioritize.

From April 1 to June 30, 2021, Americans balanced saving and new spending opportunities, with minimal changes in earned income.

In partnership with BECU, the largest credit union in Washington state, this study examines the impact of a new mobile app savings feature, Quick Save, which allows members to spontaneously transfer small amounts to their savings accounts with the swipe of a button.

The Worker Financial Wellness Initiative was designed to make workers' financial health a priority for executives. Learn why we believe America's largest companies should conduct a Worker Financial Wellness Assessment. JUST Capital and PayPal, in collaboration with the Financial Health Network and the Good Jobs Institute, have established a new initiative to make workers’ financial security and health a C-suite and investor priority. The organizations are calling on the CEOs of America’s largest companies to conduct a Worker Financial Wellness Assessment as a vital first step toward understanding the financial vulnerability of their workforce. Leading research shows that when workers are more financially secure, key business outcomes such as productivity, customer satisfaction, and employee turnover and engagement also improve.

Recent research from the Financial Health Network published by the Brookings Institution also shows that most people who had not recently filed a tax return (a group that is more likely to have lower incomes) received their first stimulus payment at least two weeks later than those who had recently filed a tax return.

This week, the Financial Health Network released the first brief in the new Pulse Points series, exploring receipt and usage of stimulus payments and tax refunds in the first few months of 2021. T

Despite the vast data collected by our government, we lack an accepted method of assessing financial health. Learn why we must measure not only each household’s annual income but also its annual spending, saving, borrowing, and planning habits to identify communities whose financial health is poor, deteriorating, or failing to keep pace with overall improvements.

With this report – an evolution of our Financially Underserved Market Size Study – we shed light on how much households paid for a variety of everyday financial products and services in 2020, through lenses of financial health, income, race, and ethnicity.

Most low-to-moderate income (LMI) older adults are financially challenged to reach retirement and maintain their quality of life as they age. This report showcases research insights and design features that financial service providers can leverage to better support the needs of this group as they approach retirement, produced in partnership with the Institute of Consumer Money Management.

Provided by Elevate Credit, this research discusses the trend of decreased household income for prime and non-prime folks alike since the pandemic began. With this trend continuing, this decrease is likely to manifest itself within holiday spending.