Case Study: Meeting the Needs of Underserved Consumers: Designing a Financial Package
The Financial Health Network Consulting Services worked with Prepare + Prosper to take their FAIR (Financial Access in Reach) initiative from a concept to an effective pilot.
LA Times: For a day, I was one of the millions of Americans without a bank account. It was humbling
This article written by Los Angeles Times banking and finance reporter James Rufus Koren describes his experience during FinX at EMERGE. Koren recounts what he and other finance professionals learned as they spent a morning in Hollywood experiencing first hand the daily challenges facing the un- and underbanked. Read the article
Making the Business Case for Financial Health
A business strategy oriented around consumer financial health offers banks, credit unions, lenders, and other providers an avenue for growth, organizational resilience, and profitability.
Checks, Balances and the Myth of “Free”
By Jennifer Tescher, Financial Health Network Last week’s headlines gave the impression that America is suffering from a lack of basic financial access, particularly for lower-income consumers. The fact is, consumers have more access to high-quality, low- or no-cost transaction accounts than they have had in at least a decade, thanks to dramatic changes in…
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.
2017 Impact Report: Financial Health: Building it Together
We are pleased to share our first-ever impact report highlighting the numbers and stories of progress behind our mission to improve the financial health of Americans.
Announcing 7 Companies Measuring Financial Health
The Financial Health Network’s Financial Health Beta Project is an initiative designed to help providers invest in their customers’ financial health. From June to December 2016, participating companies will use the Financial Health Network’s 8 financial health indicators to measure and track their customers’ financial health.
Competing on Financial Health: How Credit Unions can Win the Gen Y Market
Despite strong member satisfaction and negative consumer sentiment towards banks, credit unions’ market share of key profit drivers like mortgages and credit cards is in the single digits.
Case Study: Re-Defining an Awards Strategy: Opportunity Finance Network
More than 68 million low-income Americans don’t get the financial services they need. This market gap that prompted a network of community development financial institutions to turn to the Financial Health Network.
CUNA News Now: Serving the financially at risk
Nearly 60%–or 138 million–Americans struggle with their finances. CUNA takes a look at the 29 million Americans that are financially at risk and what credit unions and other financial services providers can do to help. Read the profile here.
Investing in the American Dream
How financial institutions can build long-term relationships with immigrants before and after immigration reform.
Press Release: Financial Services Companies Pursuing Quality, Testing Innovative Small-Dollar Credit Products
New Research Highlights Consumer Preferences for Key Product Features Chicago, IL – (June 3, 2014) – Today, the Financial Health Network announced the creation of the Small-Dollar Credit Test & Learn Working Group. Five leading financial services providers—Regions Bank, LexisNexis Risk Solutions, Kinecta Federal Credit Union, Enova International and Emerge Financial Wellness—are piloting small-dollar credit […]