|About||Neighborhood Trust’s mission is to empower low-income individuals to become productive participants in the U.S. financial system and achieve their financial goals. Neighborhood Trust serves more than 8,000 clients each year on a national scale.|
|Mission||At Neighborhood Trust, it is our mission to empower low-income individuals to become productive participants in the U.S. financial system and achieve their financial goals.|
|Description||Neighborhood Trust’s mission is to empower low-income individuals to become productive participants in the U.S. financial system and achieve their financial goals. Neighborhood Trust serves more than 8,000 clients each year on a national scale.|
The Getting Ahead Program
The Getting Ahead program connects low-income New Yorkers to productive banking services, a financial plan, and a trusted relationship with an expert Financial Advisor. This program is based Neighborhood Trust’s integration model and incorporates influences of behavioral economics and outcomes-driven financial counseling. Getting Ahead empowers clients to build a financial plan that is actionable, and access building-block financial products–our “Gateway Banking” package–to improve money management skills and build a healthy personal balance sheet. Across New York City, this program is delivered via partnerships with leading nonprofits. Across host partner environments, we demonstrate how Getting Ahead is relevant to their clients’ needs, enabling them to achieve their own mission more effectively.
New York City Financial Empowerment Center
Neighborhood Trust is the lead provider of New York City’s Financial Empowerment Centers (FEC) initiative. Neighborhood Trust operates fifteen sites as part of FEC’s citywide network of centers providing financial education and supports to all New Yorkers. Via 311, New Yorkers with urgent financial issues are referred to FEC sites where Neighborhood Trust’s trained financial counselors deliver free one-on-one financial counseling.
The Credit Union Financial Advisory Services
Neighborhood Trust’s Credit Union Extension Program places an expert Financial Advisor in credit unions citywide (Brooklyn COOP, Neighborhood Trust Federal Credit Union, Lower East Side People’s Federal Credit Union), providing members with individualized counseling as part of their banking experience. The offering serves as a complement to the credit union’s core competency in delivering financial services. By integrating financial advisory services into credit union operations we are able to create an avenue towards better utilization of the more advanced financial services offered.
Our goal is that all credit union members