Superpowers for Good
Superpowers for Good: Empowering Changemakers for Social Impact via Regulated Investment Crowdfunding from the SuperCrowd.
#125: What Difference Does A Bank Account Make? You'd Be Surprised
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#125: What Difference Does A Bank Account Make? You'd Be Surprised

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September 29, 2014 - Read the full Forbes article and watch the interview here: http://onforb.es/1CzjNJ0. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. People who do not have access to the mainstream financial system are subject to a variety of fees for services that the rest of us either get for free or at negligible prices. According to Jonathan Mintz, founding President and CEO of Cities for Financial Empowerment (often called the CFE Fund) and the former Commissioner of the Department of Consumer Affairs for New York says, “Using a traditional low-cost bank account could potentially save a full-time worker $40,000 over the course of his or her career.” Mintz, who was recently featured in the documentary film Spent: Looking for Change, has attracted $16.2 million from Bloomberg Philanthropies to provide free one-on-one financial counseling. Additionally, the CFE Fund has received grants from JP Morgan Chase and the Citi Foundation to help cities provide resources to residents to access the mainstream banking system.

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Superpowers for Good
Superpowers for Good: Empowering Changemakers for Social Impact via Regulated Investment Crowdfunding from the SuperCrowd.
We host changemakers who are using regulated investment crowdfunding for social impact--impact crowdfunding--as impact investors or social entrepreneurs, catalyzing change with leadership skills we call superpowers.