CFSI’s Financial Capability Innovation Fund Celebrates Financial Literacy Week

CFSI’s Financial Capability Innovation Fund (CFSI) visits the NYSE. CFSI supports and funds strategies and initiatives that provide Americans access to the financial products and educational tools they need to change their lives. In honor of the occasion, Kimberly Gartner, Vice President of Advisory Services, CFSI & Pam Flaherty, President, Citi Foundation rings The Closing Bell℠.

CFSI’s Financial Capability Innovation Fund provided $1.5 million to 5 promising nonprofit-led projects designed to help consumers better manage their finances and achieve financial prosperity. The grantees are: Clarifi; Co-opportunity, Inc.; Filene Research Institute; Piggymojo; and Mission Asset Fund. A collaborative of funders led by the Citi Foundation and also including Bank of America, Capital One, Morgan Stanley, Experian, U.S. Bank, and Visa Inc. helped launch the Financial Capability Innovation Fund.

About The Center for Financial Services Innovation

The Center for Financial Services Innovation is the nation's leading authority on financial services for underserved consumers. Through insights gained by producing original research; promoting cross sector collaboration; advising organizations and companies by offering specialized consulting services; shaping public policy; and investing in nonprofit organizations and start-ups, CFSI delivers a deeply interconnected suite of services benefiting underserved consumers. Since 2004, CFSI has worked with leaders and innovators in the business, government and nonprofit sectors to transform the financial services landscape. For more on CFSI, go towww.cfsinnovation.com (Source: CFSI)