June 23, 2020
Wells Fargo Bank would like to share some information that might be helpful for anyone that you are currently serving – free virtual financial coaching services.
The Wells Fargo Foundation is supporting national nonprofits to significantly expand free virtual financial coaching services to anyone who may be facing financial uncertainty nationwide. The following nonprofits, with grant support from Wells Fargo, are now offering personalized, and confidential financial coaching and counseling sessions by phone, live chat or video:
- Association for Financial Counseling and Planning Education® (AFCPE®): Individuals or families struggling to pay for rent, groceries and basic needs, worried about debt, or facing other financial hardships, can sign up to meet virtually with an AFCPE-certified financial coach or counselor for free at www.yellowribbonnetwork.org/afcpecovid19.
- Cities for Financial Empowerment Fund: Offering remote, bilingual, professional financial counseling as a free public service for underserved residents in cities across the U.S. to help people open bank accounts, pay down debt, and address other financial challenges. Visit www.fecpublic.org/about for a list of locations.
- National Disability Institute: For the 100 million people with disabilities and chronic health conditions in the U.S., visit the Financial Resilience Center for accessible emergency resources, financial wellness guidance in partnership with LifeCents, and free financial counseling with an AFCPE-certified financial coach with disability-related expertise.
- National Foundation for Credit Counseling (NFCC):Visit the Coronavirus Financial Toolkit for resources and assistance withmanaging creditors or debt. Call 1-844-865-1971 or visit https://www.nfcc.org/locator/ to connect free with a NFCC-certified financial counselor in English or Spanish.
Individuals and families can reach out to one or more nonprofits to assess whether the assistance offered is right for their specific needs. These efforts are part of Wells Fargo’s $175 million commitment to assist people and communities in response to COVID-19. Visit Wells Fargo Stories (stories.wf.com) to learn more. For additional tips for managing finances during a crisis, visit www.wellsfargo.com/financial-education.