Updates
Updates
Many New Yorkers Lack Bank Accounts and Emergency Savings, Says New Report
The Department of Consumer Affairs, in partnership with the Urban Institute, released two reports on Tuesday finding that more than half of New Yorkers lack adequate savings for an emergency, and 1.14 million don't have bank accounts or are underbanked. [...]
Can Employers Help Workers Better Manage Their Money?
Andrea Levere, President of Corporation for Enterprise Development (CFED), explains how employers cannot afford to ignore the negative effects of financial stress on their workers. Instead, helping workers better manage their finances and save more effectively should be part of [...]
New Data Gives Clearer Picture of Student Debt
An air of mystery has long surrounded student debt. We know the total number of borrowers and their combined debt — 40 million people owe $1.2 trillion — but beyond these headline numbers, the data has been frustratingly thin. Who [...]
NTFP’s PayGoal Highlighted as Major Technology Disruptor to Financial Problems Facing Working Americans
The Bankless Times listed NTFP's PayGoal as a leading innovator in the financial services industry that is working to address the challenging and complex problems facing working Americans. In June 2015, PayGoal was selected as one of only nine organizations [...]
Neighborhood Trust + CFED Examine Financial Security at Work
Earlier today CFED published its final post of its 'Financial Security at Work' series. This series, sponsored by the Prudential Foundation, is a report on the preliminary findings of a research project based on a "literature review, field scan and [...]
Neighborhood Trust’s Employer Solution Profiled by the W.K. Kellogg Foundation
Earlier this year Neighborhood Trust was awarded a three-year, $750,000 grant from the W.K. Kellogg Foundation in support of The Employer Solution. We are thrilled to share this piece from the Kellogg Foundation's web site about our collaboration and joint [...]
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