Membership Amplification Toolkit
Resources to explore, leverage, connect, and broadcast your Financial Health Network Membership commitment to building better financial lives, together.
H.M. Queen Máxima of the Netherlands: Building a Financially Inclusive World
Her Majesty Queen Máxima of the Netherlands’ passion for financial inclusion began as a child in Argentina, navigating the impacts of hyperinflation on families and desire to act. In her role as the United Nations Secretary-General's Special Advocate for Inclusive Finance for Development (UNSGSA), she champions access to affordable and safe financial services for communities around the world, especially underserved groups. Through close collaboration with public and private sector partners, her work has driven real progress for financial health. In this episode of EMERGE Everywhere, learn more about Queen Máxima’s experiences, accomplishments, and vision for the future of financial inclusion and financial health.
Assessing Customer Financial Health Goes Beyond Product Offerings
Your current and future customers are seeking your help to improve their financial health. How will your support and guidance lead them to success?
Thank you for Registering for Pursuing Racial Economic Equity Through Purposeful Engagement
Pursuing Racial Economic Equity Through Purposeful Engagement
How can innovative investments and partnerships drive real economic change for communities in need? Fifth Third Bank recently announced the Accelerating Racial Equality, Equity, and Inclusion initiative, a $2.8 billion commitment to uplift historically marginalized people and communities. Today, in collaboration with Enterprise Community Partners, the bank is investing $180 million of that commitment in nine communities across its geographic footprint through the Neighborhood Investment Program. Hear from a panel of the project’s leaders about strategies to purposefully engage neighborhoods and local businesses, and find out what’s next for this initiative.
The Role of Community Networks for Emergency Savings Success
Join us at this ESI-sponsored Short-Term Savings Small Group meeting to learn more about the direct and indirect role that these support networks can play in emergency savings.
Vision
Join us to hear how financial industry leaders have secured stakeholder buy-in to build financial health strategies, ensured employees understand and can rally behind a shared finhealth vision, and integrated financial health as part of their organizational culture.
Member Summit 2017
Over 175 attendees from over 138 Members joined us for the 2017 Member Summit. At this year’s Member Summit, we highlighted champions who share their strategies, approaches, and results — ultimately bringing together attendees for joint problem-solving.
Member Content Sharing Terms and Conditions
Financial Health Network (the “Company”) maintains a Member Portal (the “Portal”), accessible on a password-protected basis only to Members who establish a Portal account.
Events
One Year into the Pandemic, Millions of Americans Still Struggling
Since the last Pulse survey in August 2020, more people are struggling to afford healthcare, which may lead to long-term health consequences beyond those created directly by COVID-19.
The U.S. Financial Health Pulse: A Roadmap for Recovery
As vaccines roll out across the country, the Biden administration is considering bold policies to help struggling households, businesses, and communities recover from the health and economic impacts of the COVID-19 pandemic. For these efforts to be successful, the new administration – along with businesses, employers, and other stakeholders –…
Financial Health Solutions: Increasing Savings with a Choice at Onboarding
How can employers encourage workers to build their savings? Even, an employer-based earned-wage access platform, partnered with the Financial Health Leaders Lab to test the impact of presenting savings as an active choice during onboarding to its app.
Supporting the Futures of Young Adults Starts with Understanding Their Financial Lives
Our new report, “Race, Ethnicity, and the Financial Lives of Young Adults,” sheds light on the different financial challenges faced by young adults, especially Black and Latinx young adults.
Millions of American Families at Risk of Missing Out on Economic Relief. Again.
According to the eligibility rules of the CARES Act and the newly proposed “HEALS Act,” individuals are required to have a valid Social Security number in order to be eligible for an Economic Impact Payment.
2020 Branch Report
Provided by Branch, this research reveals how the coronavirus pandemic has affected the priorities and concerns for workers in sectors such as food service, retail, and healthcare.
Balancing Today, Building Tomorrow: How Financially Coping Americans Plan, Save, and Invest
Even before COVID-19, millions of Americans were struggling financially, with more than half the population classified as Financially Coping. As job losses mount, savings are spent down, household debt grows, and investments shrink during the pandemic, Americans need financial support more than ever. This new research sheds light on how providers can support the saving and investing behaviors of Financially Coping consumers, ultimately improving both their immediate and long-term financial health.
Supporting the Financial Lives of America’s Young People
Principal® Foundation research shows that In the United States, 54% of young people between the ages of 18 and 30 report they have hit financial rock bottom – a situation made worse by pandemic-related job losses and college closures. This report shares new potential solutions from the Principal Foundation YouthCan Initiative Innovation Challenge, which supports organizations working to tackle the financial issues facing young people today.
Comment Letter: CFPB Taskforce on Consumer Financial Law
The Financial Health Network submitted these comments to the CFPB Taskforce on Consumer Financial Law in response to a Request for Information on a broad range of consumer protection issues.
Member-Exclusive Webinar: Financial Health and COVID-19: New Insights from the U.S. Financial Health Pulse
This Member-exclusive webinar examined new data from the 2020 U.S. Financial Health Pulse and highlighted how Members are helping their customers, employees, and communities weather the crisis.
Webinar: Fintech for the 50+: How to Design for Low-to Moderate-Income Older Adults
Older generations face the greatest health risks from COVID-19 and are also challenged to conduct financial management without access to in-person financial services like banking.
Neighborhoods Matter: The Power of Place in Shaping Financial Health
The places where people live, work, play, and worship are tightly tied to their ability to be resilient during unexpected challenges and to seize opportunities over time. This brief highlights the role of place in financial health, as well as the opportunity for place-based solutions to improve the financial lives of residents and communities.
Not Working: Coronavirus Exposes a Broken System That Fails Workers
By Beth Brockland Senior Director, Financial Health Network March 26, 2020 Reading about the coronavirus pandemic feels a little bit like watching the world unravel before our very eyes. Every day brings new stock market lows and emergency measures. At the same time, people all over the country are demonstrating remarkable acts of humanity, practicing…
Financial Health Leaders Social Kit
Review social media best practices, and then use these sample tweets, Facebook posts, and LinkedIn posts to spotlight your status as a 2022 Financial Health Leader on various social media channels.
Testimonial: CFPB Consumer Access to Financial Records Symposium
The Financial Health Network submitted this statement in response to the Consumer Financial Protection Bureau’s invitation to serve as a panelist at their Symposium on Consumer Access to Financial Records, Section 1033 of the Dodd-Frank Act.
MassMutual Workplace Financial Wellness Study
Provided by MassMutual, this research identifies the percentage of employers who say that their workers are struggling financially and looks at the correlation between employer size and employee financial wellness issues.
Optimizing Insurance and Financial Health
By Hannah Gdalman, Stevenson Fellow, Financial Health Network The recent open enrollment season means that for many of us, insurance is still top of mind. Other key moments such as the start of a new year, tax season, a new job, or family additions also provide a chance to reflect on insurance throughout the year….
That’s a Wrap on EMERGE 2019
I had the privilege of serving as emcee at the 2019 EMERGE Financial Health Forum . Here are some highlights from the event.
#FinHealthMatters Day should be every day, for everyone
In recognition of #FinHealthMatters Day, we reflect on our efforts to advance the cause of financial health which include research and building partnerships with leading organizations and our network of Members.
Webinar: Nonprofit-Fintech Partnership Spotlight: Credit Builders Alliance and Esusu
This webinar explored the partnership between Credit Builders Alliance (CBA) and Esusu Financial Inc.
New Data, New Insights: Releasing the 2018 Pulse Data Set
The data set contains responses from more than 5,000 individuals to 100+ questions about how people are spending, saving, borrowing, and planning.
Webinar: Understanding Your Financially Coping and Vulnerable Customers
During this member-exclusive webinar, authors of the U.S. Financial Health Pulse 2018 Baseline Survey explored findings from this groundbreaking research initiative. The second in a three-part series, this conversation shared a deep dive on never-before-released Pulse data representing individuals who are financially Coping or Vulnerable.
Redesigning the Financial Roadmap for the LMI 50+ Segment
Using data from the U.S. Financial Health Pulse, the Financial Health Network identifies five challenges for the LMI 50+ and opportunities for providers to support this fast-growing segment.
2018 Financial Health Leaders Spotlight: Commonwealth Bank of Australia
Listen in as we hear Commonwealth Bank of Australia (CBA) share how it developed two sets of financial wellness scales, what it is learning as a result, and the exciting announcement CBA just released around measurement.
Insuring the Way to a Financially Resilient America
Using a combination of survey data and consumer interviews, the Financial Health Network presents consumer trends and insurance product design strategies that can help Americans build financial resilience.
Comment Letter: Reforming the Community Reinvestment Act Regulatory Framework
The Center for Financial Services Innovation submitted these comments to the Office of the Comptroller of the Currency in response to the Advance Notice of Proposed Rulemaking.
Life Insurance Insurance Spotlight
This brief takes a closer look at the life insurance coverage, acquisition channels, and knowledge of American consumers, with a particular focus on LMI consumers.
Disability Insurance Spotlight
To show how disability insurance can augment financial resilience, this brief examines short- and long-term disability insurance coverage, acquisition channels, and knowledge of American consumers, with a focus on LMI consumers.
Case Study: Cultivating a Data-Driven Marketing Approach to Small Business Lending
The Financial Health Network Consulting Services worked with CRF to define, size, and categorize the underserved small business market, and provided insights for targeting them.
Preparing for Tomorrow by Fixing Today
In this report, the Financial Health Network looks at long-term savings and beyond to understand how day-to-day financial challenges of LMI pre-retirees and retirees are getting in the way of their long-term financial health.
Making Payroll Cards Work for Employees
An in-depth look at employee payroll card usage and opportunities for improvement in card design and delivery.
Leveraging Opportunities to Improve Financial Health
Learn how LendStreet is using new insights into their customers’ financial habits to leverage opportunities for improving financial health.
Helping Credit Unions Tackle Financial Health
Learn about the creative route The Foundation took to become a Financial Health Leader and how this will help inform the greater credit union ecosystem.
Financial Health at Work: A Prescription for Productivity
This infographic illustrates aspects and trends of employee financial health, from how financial stress at work hurts employee productivity to how investing in employee financial health is good for business.
Case Study: A Walk In Their Shoes: Improving Financial Health Solutions Through Empathy-Led Learning
Regions Bank participated in FinX to gain insights through first-hand experiences of the challenges that underserved consumers may face in an interactive, real-world structure.
The Financial Health Network Comment Letter on Information Regarding Consumer Credit Card Market
The Financial Health Network submitted this letter in response to the CFPB’s request for information on consumer credit card markets on March 10, 2017. Like the CFPB, the Financial Health Network recognizes the important role that access to high-quality financial products plays in helping consumers improve and maintain their financial health. We believe that finance can be a force for good in people’s lives and that meeting consumers’ needs responsibly is ultimately good for both the consumer and the provider.
The Journey to Financial Health: Your Company’s Roadmap
Read this introductory guide to discover how to orient your business around financial health so that you can promote positive outcomes for your customers.
Why the Center for Financial Services Innovation cares about a Universal Basic Income
By Rachel Schneider & Jennifer Tescher, Financial Health Network Sometimes, complex problems demand simple solutions. According to Financial Health Network’s research, 57% of Americans are financially unhealthy. The Pew Charitable Trust found that over 70% of Americans are income limited, savings constrained or debt challenged, and a third of Americans experience two or even three…
Consumer Data Sharing Principles: A Framework for Industry-Wide Collaboration
Over the last two decades, the emergence of new intermediaries that aggregate data from numerous sources has enabled financial services providers of all kinds to provide consumers with a more complete view of their financial lives.