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 Member Snapshot 2021: Assessing the Financial Health Maturity of Financial Institutions

Member Snapshot 2021: Assessing the Financial Health Maturity of Financial Institutions

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.

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EMERGE

Solutions

Learn what works with insights from industry experts on the types of financial health support consumers want and need from their financial institutions.

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Infrastructure

In this session, learn what to consider when deploying resources at your organization, with insights from companies with unique approaches to building financial health infrastructure.

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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.

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EMERGE

BlackRock’s Emergency Savings Initiative: An Ecosystem Approach to Partnerships

BlackRock’s commitment to financial well-being has sparked a series of cross-sector partnerships focused on making emergency savings more accessible for low-to-moderate income households. Join Claire Chamberlain, Managing Director of Social Impact at BlackRock, for a deep dive on BlackRock’s flagship philanthropic program and a closer look at their partner-centric approach to proving what is possible and advocating for what it’ll take to shift the entire system.

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EMERGE

JPMorgan Chase’s $30 Billion Racial Equity Initiative

JPMorgan Chase & Co. has committed a groundbreaking $30 billion to providing economic opportunities for underserved communities, especially Black and Latinx communities, over the next five years. This spotlight provides context for how JPMorgan Chase & Co. approaches impact at the local level, how it has integrated financial health, as a key pillar to this work, and how it is holding itself accountable to help reduce the racial wealth gap.

The Ends of The Month: A Blog Series

Over the course of a generation, electronic payments including credit cards, debit cards and Apple Pay removed friction from our wallets, but disrupted old habits and practices many once used to manage finances. Loss of these analog tools, as much as wage stagnation or volatility, helps explain why so many households struggle at the end of the month

YouthCan Innovation Program

With challenges like rising education and housing costs, an increasingly insecure job market, and greater debt, young adults are facing significant barriers to economic mobility and financial security.

A Call for Collective Action Jennifer Tescher

Collectively, we have been preparing for a moment like this – conducting research to understand the real financial lives of the people we do business with, measuring financial health in America, and designing new products, policies and experiences to help improve it.