Webinar Event: Making the most of the 5th Annual Underbanked Financial Services Forum
Prepaid Debit Gets Boost from Treasury
Inside the Underbanked Blog: Industry Insights from Arjan Schütte
CFSI Welcomes Newest Team Members
Innovators Showcase: Recent News Briefs
Speaking CFSI Speaking Engagements
Register Now for the 5th Annual Underbanked Financial Services Forum while Early Booking Savings are Still Available!
Early booking savings expires THIS FRIDAY! Join CFSI and American Banker at the premier underbanked services event. Register before Friday and attend one of the pre-conference workshops with money saved from booking early!
Workshop A
Who is the Underbanked Consumer?
As the underbanked market continues to expand, understanding the great diversity of characteristics, preferences and habits of these consumers is essential in order to better serve them. This session will provide research and data on the financial spending and usage behaviors to paint a clearer picture of the 30 to 40 million households that make up the underbanked market.
Workshop B
Fun and Games: Learning about Financial Services
Explore a sampling of the financial games available to further understand how financial management tools teach key concepts and how your organization can use these innovations to better serve consumers of financial services products.
Register for these essential pre-conference sessions now!
Webinar Event: Making the most of the 5th Annual Underbanked Financial Services Forum
Join CFSI on Tuesday, May 11, 2010 at 1:00 p.m. CST for a special webinar presentation. Innovation Director Rachel Schneider will talk about the key themes of the conference, provide relevant background information on the underbanked, give important networking tips, and equip you with important details for making the most of your time at the Forum. Speakers will also include:
Eleni Constantine, Pew Charitable Trusts
Tim Flacke, Doorways to Dreams Fund
Mel Calloway, Kinecta Federal Credit Union
James Gutierrez, Progreso Financiero
Click here to sign up for this FREE webinar!
Doorways to Dreams Fund Releases Final Report on Save to Win Pilot; Learn More at D2D’s Webinar Event
Despite the success record of Prize-linked Savings accounts only a handful of U.S. financial institutions had encouraged savings by linking chances to win prizes with the act of making a deposit. With the introduction of the Save to Win product in the state of Michigan in 2009, eight credit unions have now demonstrated that the possibility of winning – both a large $100,000 annual jackpot and a range of regularly awarded smaller prizes – does encourage people to save money.
Join D2D Fund's webinar event “Save to Win: Playing, Saving, Winning (Brought to you by D2D Fund, Filene Research Institute, the Michigan Credit Union League, and CFSI)” on Friday, May 14, 2010 at 1:00 p.m. CST, to hear more about the findings of the program.
Click here to sign up for the webinar and to read the report.
Prepaid Debit Gets Boost from Treasury
CFSI Director Jennifer Tescher talks about the arrival of prepaid debit cards within mainstream financial services in this month’s American Banker column. Recently, the Treasury Department announced that it would phase out paper checks for federal benefit recipients by 2013 and push all payments through direct deposit. Moving all recipients to electronic payments is expected to save upward of $300 million in the first five years.
Read the article in its entirety here.
Inside the Underbanked Blog: Industry Insights from Arjan Schütte
CFSI Senior Advisor and Core Innovation Capital's Managing Partner Schütte has started a blog focusing on key issues affecting underbanked consumers and financial products. This month, read about a new money center concept called Mango and answers to the questions "Should you limit the amount you can make while serving the poor?" and "Do poor people deserve special protections?" Check out Arjan's thoughts on these topics and more here.
CFSI Welcomes Newest Team Members
Please join CFSI in welcoming our latest team members. Joining us are:
David Newville, Policy Analyst
Kate Marshall, Innovation Analyst
Maris Bish, Communication Coordinator
Susan Baum, Communication Manager
Click here to read their full bios and to see who else is behind the scenes at CFSI.
Innovators Showcase: Recent News Briefs
If you want to know how our showcased innovators are transforming the financial services landscape to better serve underbanked consumers, check out these recent and archived articles and press releases ...
Self-Help Federal Credit Union Launches Micro Branch Serving Working Families of East San Jose Self-Help Federal Credit Union celebrated the opening of its first Micro Branch in a ribbon-cutting ceremony with the community of East San Jose, CA. The Micro Branch initiative is a new kind of credit union created to help low-income and minority families ...
SABEResPODER, Ford Motor Company & Zubi Advertising Join Forces to Develop an Educational Spanish-language Multimedia Campaign on the Car Buying ProcessSABEResPODER, the leading provider of comprehensive and culturally relevant educational media solutions for Spanish-dominant Latinos in the United States, is joining forces with their first-ever automotive partner, Ford Motor Company, and their Hispanic agency of record, Zubi Advertising, to develop ...
Save to Win: Final Project Results Doorways to Dreams fund has released the final results from their Save to Win pilot, a collaboration with The Doorways to Dreams institute and The Michigan Credit Union League ...
CFSI offers a fast-paced and highly-collaborative workplace for candidates looking for an entrepreneurial environment.
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May 10, 2010 | PRI Makers Network Conference | Chicago, IL. Jennifer Tescher is speaking on a panel related to consumer finance at this conference designed exclusively for grantmakers exploring or making program-related investments (PRIs).
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May 20-21, 2010 | Microfinance USA 2010 | San Francisco, CA. Jennifer Tescher and Melissa Koide will speak at this Microfinance event which brings together 800-1,000 investors, policymakers, social entrepreneurs, practitioners, small business owners and curious individuals to engage in microfinance strategies and practices unique to the United States.
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May 14, 2010 | Save to Win: Playing, Saving, Winning | Chicago, IL. Join the Doorways to Dreams Fund (D2D), the Filene Research Institute, and The Michigan Credit Union League (MCUL) as they share results, key findings, and lessons learned from the pilot year for this savings innovation funded through the CFSI Nonprofit Opportunities Fund.



