Credit Builders Alliance - CBA

11/13/2024

📣Join Us Next Week for CBA’s November Webinar – Sign Up Today!

CBA Community Webinar Series:
Consumer Lending Regulations and Product Standards

Thursday, November 21, 2024, 2:00 PM - 3:00 PM
Eastern Time (US and Canada) (60-minute session)
Lenders who want to pursue consumer lending encounter many complicated, sometimes confusing regulations. Join CBA Fund and the Consumer Federation of America for CBA’s November 2024 webinar. We’ll discuss common regulations that consumer lenders have to navigate and to learn more about CBA’s Small Dollar Consumer Loan Product Standards.

This session is part of the CBA Community Webinar Series and is open to the public.

REGISTER TODAY 🔗
https://us02web.zoom.us/webinar/register/WN_z8dT0NgPQFyKkHf-TA5UyQ #/registration

11/05/2024

📢Celebrating 50 Years of the Equal Credit Opportunity Act!

For decades, women and minorities faced credit discrimination. The Equal Credit Opportunity Act of 1974 helped pave the way for fair access to credit cards and loans, granting crucial rights and protections to all consumers applying for credit. Here’s to 50 years of progress toward financial equity!

Fifty years ago the Equal Credit Opportunity Act changed access to credit for millions of Americans. Here's how it made lives better.

11/04/2024

🎧CBA CEO Dara Duguay Featured on Latest Episode of Mindful Management: Creating a Trauma-Informed Work Environment

Understanding Financial Trauma with Dara Duguay of Credit Builders Alliance

In the latest episode, host Shenandoah Chefalo sits down with Dara Duguay, CEO of Credit Builders Alliance (CBA). Together, they dive into practical advice on accessing financial resources, breaking down financial stigma, and boosting financial literacy—all essential for a supportive, trauma-informed workplace.

🔗[Link to listen]
https://mindfulmanagementpod.com/e/q80qv6wn-understanding-financial-trauma-dara-daguay-credit-builders-alliance

11/01/2024

📢Growing Credit Building Markets in Minneapolis and Philadelphia!

CBA is thrilled to be a Wells Fargo Foundation grant recipient to lead the Growing Credit Building Markets program! This initiative will expand credit building services, education, and resources to more organizations serving Low to Moderate-Income (LMI) and BIPOC communities in the greater Minneapolis and Philadelphia areas.

New members joining through this program will receive:
• First-year membership fees covered in full
• Two free vouchers for our CREDIT AS AN ASSET™ courses

If your organization serves these communities, we invite you to join CBA and become part of this impactful program. Know of an organization that could benefit? Refer them below, and as a thank you, receive 50% off all registrations for our 2025 annual symposium!

🔗 Become a CBA Member: https://creditbuildersalliance.org/become-member/
🔗 Refer an Organization: https://cba.tfaforms.net/f/refer

10/30/2024

Thank You for Joining CBA at OFN 2024!

CBA Fund, CBA's Community Development Financial Institution (CDFI) intermediary, had the privilege of moderating the session "From Desert to Oasis: Transforming Credit Insecure Communities with Consumer Lending" at Opportunity Finance Network's (OFN) 2024 Conference. We’d like to extend our heartfelt thanks to everyone who made this session possible:

▪️ Christopher Johnson from the Wells Fargo Foundation for introducing the session

▪️ Our SDCL panelists:
- James Caudill, Redbud Financial
- Daniel Padilla, Lending Link Omaha
- Andy Posner, Capital Good Fund

Thank you to all who participated and contributed to such a dynamic, impactful conversation!

10/29/2024

Deadline Extended! Apply Now: Rent Reporting Initiative for NY Affordable Housing Providers

Credit Builders Alliance (CBA) is recruiting NY-based affordable housing providers to join a rent reporting cohort! This program helps providers implement positive-only rent reporting, with benefits including:

▪️ $15,000 grant
▪️Two scholarships to CBA’s CREDIT AS AN ASSET™ course
▪️ Individualized technical assistance
▪️Access to a peer group of housing providers

Eligibility:
▪️ Own or operate affordable rental housing in NY
▪️ Interested in offering rent reporting
▪️Have staff capacity to implement a new program

🗓 New Application Deadline: Friday, November 1
🔗Apply here: https://cba.tfaforms.net/382

10/25/2024

10/25/2024

A huge thank you to Opportunity Finance Network (OFN) for an incredible conference! We loved connecting with so many CDFIs from across the country. Congratulations to the newly elected OFN Board Members:

▪️Skya Ducheneaux, Executive Director, Akiptan (CBA Member)
▪️Nelly Rojas-Moreno, CFO, National Association for Latino Community Asset Builders (NALCAB) (CBA Network Ally)
▪️Arlo Washington, President, People Trust Loan Fund (CBA Member)
▪️John Holdsclaw IV, President & CEO, Rochdale Capital

10/24/2024

🏆Congratulations to CBA member Inclusive Action for the City for winning the Emerging Growth CDFI Award at the 2024 OFN Conference! We’re so proud of your achievement and the impact you’re making in the community.

10/23/2024

📣Credit Builders Alliance (CBA) - Financial Equity Conversations (FEC)

October 20-21
Los Angeles, CA

📷Picture 1/2
Jay Diallo, CEO of First Community Capital, Inc., shared some financial scams his clients have fallen for and how he redirects them.

📷Picture 2/2
Rudy Espinoza, CEO at Inclusive Action for the City on the importance of financial education and putting it into action "Education is really critical, but how can we get resources directly to our clients?

10/22/2024

The CBA team is in LA this week, presenting & exhibiting at Opportunity Finance Network's (OFN) 2024 Conference! Come visit us at Booth #4!

10/21/2024

📣Welcome to our Newest Members of the CBA Credit Building Community!

We're excited that the CBA Credit Building Community has grown to over 600+ members! This month, we warmly welcome the following organizations to our network:

▪️ Capital CDC
▪️ Catholic Charities of North Louisiana
▪️ Central Wisconsin Community Action Council
▪️ Evergreen Business Capital Community Finance
▪️ Housing Authority of the Cherokee Nation
▪️ Neighborhood Allies
▪️ Rende Progress Capital

We're thrilled you've joined the team and look forward to collaborating to create stronger credit opportunities for everyone!

Explore our growing community:
🔗https://creditbuildersalliance.org/find-a-member/

10/18/2024

The CBA team is in LA this week!

We’re excited for a packed week featuring:

◾ Building Credit, Building Health with Kaiser Permanente
◾ Our ongoing Financial Equity Conversations series
◾ Presenting & exhibiting at Opportunity Finance Network's (OFN) 2024 Conference (Visit us at Booth #4!)

10/18/2024

The CBA team was thrilled to co-host Building Credit, Building Health with Kaiser Permanente yesterday in LA!

"Clinical only can impact 20% of health outcomes. 2/3 of Kaiser Permanente members have unmet financial needs post-pandemic. People don't reach out for healthcare and financial help because they are scared of bad news and don't want to look stupid. We have an opportunity to work together to help solve these issues."
- Nolan Chang, MD
Executive Vice President, Strategy, Corporate Development, and Finance
The Permanente Federation

10/11/2024

🚨 Attention CBA Reporter Members:

For those serving borrowers in areas impacted by hurricanes or other natural disasters, we at CBA want to extend our heartfelt thoughts to everyone affected. Once immediate safety is ensured, please take time to review your reporting processes to help support your communities during recovery.

➡ Tutorial: 🔗 https://bit.ly/402rMlk
➡ Tipsheet: 🔗 https://bit.ly/3BQ1wQK

We’re here to help, and together, we will navigate these challenges. Stay safe and stay prepared!

10/11/2024

🚨 LAST CHANCE to Unlock Exclusive Savings by Joining CBA before October 15! 🚨

📍 Get $100 - $300 off your first year of CBA membership by submitting your eligibility form before October 15.

➡ BECOME A MEMBER: https://bit.ly/4dpbIx2

📍 Already a member? Refer an organization, and if they join, your organization will receive 50% off 2025 Symposium registration for all staff!

➡ REFER AN ORGANIZATION: https://bit.ly/3ZxBtaY

10/10/2024

🚨NEXT WEEK!

We're just a week away from Building Credit, Building Health, co-hosted by Credit Builders Alliance (CBA) and Kaiser Permanente! Don't miss this chance to explore the critical link between credit and health, especially for underserved communities.

Join us on Oct. 17 in Los Angeles—there’s still time to register: https://k-p.li/3Mh9ep9.

This event will feature actionable insights from thought leaders across health and finance, driving real-world impact.