New Report: Financial Check-Ups Boost Boston Residents’ Financial Health

New Report: Financial Check-Ups Boost Boston Residents’ Financial Health

A study released today by the Mayor’s Office of Financial Empowerment (OFE) finds that the Financial Check-Up (FCU) – a light-touch, one-on-one credit review – can make a dramatic impact on residents’ financial well-being in a short amount of time. A randomized, controlled trial of hundreds of Boston taxpayers

Santander Bank Supports Boston’s Financial Empowerment with $200,000 Grant

Santander Bank Supports Boston’s Financial Empowerment with $200,000 Grant

Santander Bank and the Mayor’s Office of Financial Empowerment (OFE) have announced that the Boston-based bank is providing a $200,000 grant in support of OFE’s financial education and economic development work for City residents. The OFE will use the grant to

New Children’s Savings Account Program, “Boston Saves,” Introduced to Pilot Schools

New Children’s Savings Account Program, “Boston Saves,” Introduced to Pilot Schools

The pilot version of Boston Saves, the city’s new children’s savings account (CSA) program, rolled out eye-level with its beneficiary audience – kindergarteners – in early November to teach them about saving money. At Roosevelt K-8 School in Hyde Park, Miss Money and the Coins