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.

  • Sacramento, CA
  • New Haven, CT
  • San Francisco, CA
  • Detroit, MI
  • Memphis, TN
  • Akron, OH
  • Pittsburgh, PA
  • Greenville County, SC
  • Houston, TX
  • Miami, FL
  • Shreveport, LA
  • Syracuse, NY

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.

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.

  • Philadelphia, PA
  • Denver, CO
  • Nashville, TN
  • New York, NY
  • San Antonio, TX
  • Lansing, MI

Affiliates Network

The Affiliates Network brings together cities, counties, states, and nonprofit organizations who provide other government-connected models of free one-on-one financial counseling and coaching, with the goal of learning best practices and furthering the professionalization of the field of financial counseling and coaching.

The FEC Model

The Financial Empowerment Center model has operated for nine years in six cities, working with more than 80,000 clients, helping them reduce debt by more than $94 million, and increasing savings by $9 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.

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.