Member Summit 2016 Presentation
Re-Defining an Awards Strategy: Opportunity Finance Network
By Financial Health Network Consulting Putting Low-Income Consumers First With the Help of Financial Health Network’s Knowledge More than 68 million low-income Americans don’t get the financial services they need. It’s this market gap that prompted the Opportunity Finance Network (OFN), a network of community development financial institutions to turn to the Center for Financial…
Case Study: Strengthening Ties with Communities: Nix Neighborhood Lending
Discover how Nix Neighborhood Lending has made a lasting impact on its customers in South Central Los Angeles by providing a variety of credit services to this vulnerable group.
Press Release: The Financial Health Network Study Finds $23.4 Billion in Overdraft Fees for Underserved Consumers in 2014
Chicago, IL – December 8, 2015 – Today, the Financial Health Network and Core Innovation Capital (Core) released their fifth annual Underserved Market Size Study. The report, which benefitted from the financial support and strategic input of Morgan Stanley and with additional financial support from the Financial Health Network’S Founding Partner the Ford Foundation, reveals […]
Infographic: Lessons Learned in Successful Product Distribution
New research reveals just how much money financially underserved consumers spend on financial products and services. The latest data shows that in 2014, consumers spent $138 billion to simply manage their financial lives.
2014 Underserved Market Size: Financial Health Opportunity in Dollars and Cents
This report reveals that financially underserved American consumers spent $138 billion in fees and interest revenue in 2014, generated from a volume of $1.6 trillion in financial activity.
The Financially Unengaged, a Consumer Financial Health Segment
A whopping sixteen percent of the country is unengaged with their financial situation. This segment earns its name from these consumers’ lack of awareness about their financial lives and their low level of engagement with traditional financial services.
2013 Financially Underserved Market Size
This report reveals that American consumers spent $103 billion in fees and interest revenue in 2013, generated from a volume of $1.3 trillion in financial activity.
Investing in the American Dream
How financial institutions can build long-term relationships with immigrants before and after immigration reform.
Infographic: 2013 Financially Underserved Market Size
The underserved represent a vast opportunity for financial services providers to meet consumer demand for high-quality products that support financial health.
Financially Underserved Market Size Study 2012
The United States financially underserved market generated $89 billion in fees and interest in 2012, representing growth of 8% from $82 billion in 2011.
Investment Activity in Fintech for the Financially Underserved
This report examines the significant volume of recent investment activity in the FinTech market for financially underserved consumers. This consumer finance segment is a dynamic and growing space.