The FEC Movement

Financial Empowerment Centers offer professional, one-on-one financial counseling as a free public service to enable residents to address their financial challenges and needs and plan for their futures. In partnership with Bloomberg Philanthropies and others, the CFE Fund is promoting FEC replication through supporting cohorts of local government leaders to develop, launch, and implement financial counseling as a free public service, along with strategic research projects to enhance the success of financial counseling.

FEC Partner

FEC Partner Tiers

Planning Partners

Localities working toward launching a public financial counseling program using the FEC model.

  • Columbus, OH
  • Dallas, TX
  • Jackson, TN
  • Louisville, KY
  • Pueblo, CO
  • Richmond, VA
  • Washington, DC
  • Washtenaw County, MI

Implementation Partners

Previous Planning Partners that met key benchmarks, including securing match funding, who have received a CFE Fund two-year implementation grant to launch their FEC Initiative.

  • Aurora, IL
  • Baltimore, MD
  • Detroit, MI
  • Gaithersburg, MD
  • Hawai’i County, HI
  • Houston, TX
  • New Haven, CT
  • Paterson, NJ
  • Polk County, IA
  • Racine, WI
  • Roanoke, VA
  • Rochester, NY
  • Sacramento, CA
  • Shreveport, LA
  • Syracuse, NY
  • Tulsa, OK

Expert Partners

The CFE Fund designates successful graduates of the two-year implementation phase as Expert Partners; these self-sustaining partners play a key role in providing technical assistance to other FEC Public partners, as well as in exploring innovative pilot efforts with the CFE Fund to enhance the FEC model.

  • Akron, OH
  • Denver, CO
  • Greenville County, SC
  • Lansing, MI
  • Memphis, TN
  • Nashville, TN
  • New York, NY
  • Philadelphia, PA
  • Pittsburgh, PA
  • San Antonio, TX

The FEC Model

The Financial Empowerment Center model has operated for twelve years, and across twenty-three operational FECs has worked with more than 123,000 clients, helping them reduce debt by more than $171 million, and increasing savings by $30 million. Professionally trained FEC counselors help consumers with low incomes manage their finances, pay down debt, increase savings, establish and build credit, and access safe and affordable mainstream banking products. At the core of the FEC model is the integration of counseling into other social services, including housing and foreclosure prevention, workforce development, prisoner reentry, benefits access, domestic violence services, and more.

The FEC Counselor Training Process 

Each FEC Planning Partner is required to train their financial counselors in accordance with the requirements and competencies detailed in the CFE Fund’s FEC Counselor Training Standards. The FEC Counselor Training Standards delineate the breadth and depth of the financial content areas, counseling and coaching skills, practice and experiential learning, and socio-economic and cultural context setting necessary to serve the diverse needs and backgrounds of FEC clients.

To facilitate counselor training, the CFE Fund has approved national and regional training providers’ courses that align with the Standards; additionally, the CFE Fund encourages local training providers (partner organizations, training consultants, community colleges, or universities) to submit their trainings for CFE Fund evaluation and approval.

Approved Training Providers:



FEC Public Funders

Join the FEC Public Movement

The CFE Fund’s FEC Public partners are supporting the scaling and growth of this impactful, innovative public service.