Promoting Split Refunds

In advance of the next tax season, learn more about ways tax sites can encourage families to consider savings through refund splitting. The Get It Back Campaign, a national effort to connect eligible workers to tax benefits, has posted a recording of its training on Effective Ways to Promote Split Refunds. As part of the Get…

The Wealth Gap by Gender and Race

A research brief from the Samuel DuBois Cook Center on Social Equity and Insight Center for Community Economic Development – Women, Race & Wealth – examines the wealth inequality gap across both gender and race. The data shows that single young women (under 40), regardless of race and education, begin adulthood with very little wealth. However, looking…

The Growing Racial Wealth Divide

The Road to Zero Wealth, a report released this Fall by Prosperity Now and the Institute for Policy Studies, examines the growing racial wealth divide and explores policy interventions that could reverse this trend. The report lays the foundation for a broad policy agenda by emphasizing the importance of gathering sufficient information on the barriers low-wealth households face in…

What it Means to Live in a Banking Desert

A recent Atlantic article, Life in a Banking Desert, explores the implications of the increasing percentage of households living in communities without access to mainstream banking services. The article cites a March New York Fed study that highlights the decades-long trend of bank branches closing in lower-income communities and communities of color. Similar to convenience stores moving into…

Financial Capability Programs in Native Communities

First Nations Development Institute has prepared a report on the financial capability strategies and programs currently serving reservation-based Native communities in the North West. As the report notes, financial capability strategies are one important component of a larger multi-faceted economic development strategy helping Native communities rebuild cultural, social and economic systems. The report provides a…