This week, the California Department of Financial Protection and Innovation (DFPI) began accepting applications for CalMoneySmart grants to support financial education and empowerment programs for unbanked and underbanked consumers in the State of California.
Beginning this round, applicants may apply for funding for two consecutive fiscal years.
This is the fifth cycle of grant funding. Last year, the program awarded nearly $2 million to 15 nonprofit organizations serving 28 counties across the state.
Organizations that support at-risk individuals to achieve economic self-sufficiency and build wealth are encouraged to apply.
All CalMoneySmart applications must be submitted by May 06, 2023. The DFPI expects to announce the awards in July.
CalMoneySmart applicants can click here for the application and other information. For questions, comments, or assistance, please email grants@dfpi.ca.gov.
Access the ‘Compliance Hotline’
Your League-member benefits include the Compliance Hotline — providing exclusive access to dedicated compliance experts:
Using the above phone number and email address, you can gain access to a knowledgeable team that’s ready to address all your credit union’s compliance inquiries — promptly and efficiently. With the Compliance Hotline, you can proactively respond to impromptu questions and issues by getting clarity and insight on technical topics that normally slow you down. We want to help you unlock the full potential of your League membership by leveraging the resources and support you need to navigate the complex world of compliance effortlessly. We’re ALWAYS just a phone call or email away!
Additionally, other League-member compliance resources include:
For more information, email Lisa Quaranta.
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