Community Check Cashing, the only nonprofit check cashing store in the country located in the Fruitvale neighborhood of Oakland, California, offers much lower prices, provides financial coaching for individuals and groups, maintains ties to banks and credit unions for referring people for accounts and loans, and develops policy proposals. It has saved an estimated $1.2 million for its customers […]
Teachers Rooted in Oakland (TRiO): A Partnership Between the Oakland Mayor’s Office, Community Development Finance (CDF), Oakland Unified School District (OUSD), DGI, and Philanthropic Partners Our Mission: To advance educational equity by addressing the cost of living and providing affordable housing to increase the recruitment & retention of highly skilled and committed Black, Latinx, and […]
Reader’s Note: This post is the first in a series CDF is writing for the California Council of Churches on various financial services issues. The original version of this post can be viewed on their website: calchurches.org/financial-coaching.html. You may view or download a PDF version of […]
Writer and illustrator Susie Cagle has created a wonderful profile for Community Check Cashing’s non-profit business model, storefront, and lending program. Check out the full article in the The Nation online!
Can a New Kind of Payday Lender Help the Poor? Oakland’s Community Check Cashing offers […]
Comments on the CFPB’s Proposed Payday Lending Regulations
BUREAU OF CONSUMER FINANCIAL PROTECTION
12 CFR Part 1041
[Docket No. CFPB-2016-0025]
RIN 3170–AA40
Payday, Vehicle Title, and Certain High-Cost Installment Loans
Submitted By Community Development Finance 3411 East 12th Street, #124 Oakland, CA 94601 510 479-1037
October 6, 2016
Community Development Finance (CDF) operates […]
Community Check Cashing, the only nonprofit check cashing store in the country located in the Fruitvale neighborhood of Oakland, California, offers much lower prices, provides financial coaching for individuals and groups, maintains ties to banks and credit unions for referring people for accounts and loans, and develops policy proposals. It has saved an estimated $1.2 million for its customers […]
Originally published on BankAct.org.
In January of this year, the Office of Inspector General of the U.S. Postal Service published “Providing Non-Bank Financial Services for the Underserved,” arguing that that the Post Office (PO) could provide financial services at significantly lower rates than check cashing and pay day lenders charge. These postal banking services, the […]