Dan Leibsohn

About

Daniel M. Leibsohn is President, Executive Director and Founder of CDF, operating Community Check Cashing's Oakland storefront since 2009. Prior to that, he founded the Low Income Housing Fund, and has worked extensively with community organizations around the country.

Popular

The only *nonprofit* check cashing store in the country is in danger of being closed because no bank will provide business checking accounts

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 Partnership

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 […]

Payday Loans: Predatory Evil or Absolute Necessity: Debt, Banks and a New Policy Perspective

Pay day loans are very controversial.  On one hand, payday loans are reviled by many public officials, members of the clergy, policy makers, academics and researchers, analysts, journalists, advocates and others who have created a somewhat relentless attack on this financial service product over the last several years.

Payday loans and associated non-bank financial services are not popular products by the standard definition. Depending on which figures one uses, 3 percent to 5 percent of American consumers view payday lending or associated non-bank financial services like check cashing favorably.

Recent Posts

The only *nonprofit* check cashing store in the country is in danger of being closed because no bank will provide business checking accounts

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 […]

The Post Office and Financial Services for the Unbanked: Some Practical Matters

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 […]

Community Perspectives: Community Check Cashing

Originally published in Community Investment, San Francisco Federal Reserve Bank, Spring 2011, pages 9-11, archived on the Federal Reserve’s Community Development website (PDF).

Rita S. recently walked into a friendly, clean, check cashing store in the Fruitvale neighborhood of Oakland, California and began to talk to the teller about cashing her check. […]