The California Department of Financial Protection and Innovation (DFPI) is now accepting applications for its CalMoneySmart Grant Program, which will award up to $1 million this year to support free financial education for unbanked and underbanked consumers in California.
This is the second round of grant funding. The initial round last year awarded nearly $1 million to 12 nonprofits that serve communities in 17 counties across the state. Grant funds helped organizations create important resources, including:
Mission Asset Fund’s mobile financial education app MyMAF;
Financial education curriculum with El Sol Neighborhood Education Center and the Mexican Consulate at the Ventana Financiero;
And the Juma Ventures YouthConnect program to help youth gain work experience while becoming financially literate.
Aurora Financial Empowerment Center touts success chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.
Roughly 8.8% of households in metro Detroit haven t taken what financial experts call the first step toward economic inclusion.
They don t have bank accounts. And it s costing them big money to cash checks and borrow money outside the traditional banking system.
Need to cash your stimulus check?
Call a local party store or check cashing store in metro Detroit and it could cost you around $60 to $100 just to cash a $1,400 stimulus check at some spots.
The bigger the check, the more money you re handing over if the fee is based on a percentage of the check s dollar amount.
Check cashing fees can be 6% or more in some local outlets. A $4,200 stimulus check for a family of three could trigger $252 in fees if the store has a 6% fee.
Shelby County working to protect residents from fraud sfgate.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sfgate.com Daily Mail and Mail on Sunday newspapers.
Shelby County working to protect residents from fraud washingtontimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtontimes.com Daily Mail and Mail on Sunday newspapers.