Community Financial Resources
| Program Area(s) | |
| Grantee Name | Community Financial Resources |
| Address | 771 Euclid Avenue Berkeley CA, 94708 United States |
| Website | http://communityfinancialresources.net/ |
| Description | Community Financial Resources offers families consumer-friendly financial products in combination with financial education. Its unique products include a no-fee, prepaid payroll/debit card. In 2015, more than $21 million was deposited directly onto approximately 6,000 of these cards. Another product, a secured credit-building Visa card, has no annual fee or FICO score requirement and is collateralized by a $200 security deposit. Participants with no previous credit score quickly establish reputable scores while cardholders with poor credit make progress improving their scores. |
| Grant Amount | $25000 |
| Project Dates | 05/13/16 - 05/12/17 |
| Serving | United States/California/Alameda/Berkeley |

