1 / 14

United Way THRIVE and Wells Fargo

United Way THRIVE and Wells Fargo. Agenda. United Way THRIVE Overview Wells Fargo Financial Capability Network Goals Wells Fargo Financial Capability Network Plan Measuring Success. United Way THRIVE.

catori
Télécharger la présentation

United Way THRIVE and Wells Fargo

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. United Way THRIVE and Wells Fargo

  2. Agenda • United Way THRIVE Overview • Wells Fargo Financial Capability Network Goals • Wells Fargo Financial Capability Network Plan • Measuring Success

  3. United Way THRIVE Launched and led by United Way of Greater Houston, THRIVE is a collaboration of 21 agencies focused on helping families:

  4. Overall Year 4 Results With 18 Partners: • Over 31,800 tax returns were prepared securing $41.8 million in net refunds • Over 4,700 families received workforce development services • Over 8,900 families received financial education or coaching services • Over 4,200 individuals increased their savings

  5. United Way THRIVE Comprehensive Approach for a Path to Financial Stability Acquire assets Save for assets Build savings for emergencies Reduce consumer debt Increase Income Reduce expenses Secure consistent employment Gain job skills

  6. Multi-Sector Network to Achieve Scale

  7. Wells Fargo Financial Capability NetworkGoals • Create a community-based, multi-sector network • Support United Way’s family financial stability initiatives in communities • Help low- to moderate-income families with: • Financial education and awareness of resources • Access to safe and effective financial products and services • Financial coaching on how to make better financial decisions

  8. Wells Fargo Financial Capability NetworkOverview • Bank On Houston Coordinator • Scalable Small Dollar Loan • Promotion of Tax Time Savings • Wells Fargo Financial Education Opportunities

  9. 1. Bank On Houston Coordinator • Dedicated staff person located at City Hall • Coordination of activities and central source of information • Connect with United Way THRIVE • Research Bank On best practices and potential opportunities • Evaluation of Bank On Houston activities and accounts

  10. 2. Scalable Small Dollar Loan • Propose sustainable small dollar loan model for Houston • Consult RAISE Texas Feasibility Study • Support Promise Credit Union PAL Loan Pilot • Connect with THRIVE financial coaches

  11. 3. Promotion of Tax Time Savings • Outreach through Network • Financial Education Opportunities • Market United Way Tax Time Matched Savings Program at Neighborhood Tax Centers

  12. 4. Wells Fargo Financial Education • Leverage Wells Fargo financial education resources • Examples: • Teach curriculum to THRIVE partner agencies • Provide course for United Way Bright Beginnings child care center staff

  13. Measuring Success • Common Outcome 1: Increase financial education and coaching • Leverage THRIVE Evaluators • Common Outcome 2: Improve awareness of and access to appropriate financial products and services • NLC Bank On Data Improvement Project

  14. Dream Today. Thrive Tomorrow.

More Related