This brief details banking outcomes in the five FEC replication cities, and is excerpted from the CFE Fund’s full report, An Evaluation of Financial Empowerment Centers: Building People’s Financial Stability As a Public Service. This brief highlights how banking status mattered for FEC clients’ success. It also details unbanked clients and what they achieved during counseling, banking outcomes for all FEC clients, and why products matter for programs seeking to improve banking access.

The CFE Fund held a 15-minute webinar on this topic; watch the webinar here, and view the presentation here.

Read the full evaluation to learn more about the FEC model.