Cities for Financial Empowerment Fund: Child Tax Credit Awareness Day

June 22, 2021

As you know, the federal Child Tax Credit payments will go out monthly to recipients, starting July 15 through the end of the year. Almost 40 million families will receive; there are estimates that between 5-8 million recipients will receive their payments via check, a tremendous opportunity to expand banking access at scale.  You can learn more about the CTC here from a White House fact sheet: https://www.whitehouse.gov/child-tax-credit/.

The CFE Fund will follow up soon with a broader CTC and banking access toolkit, but today is #ChildTaxCreditAwarenessDay – we’ve pulled together some social media language and images, and updated our talking points on the CTC.

Please post widely today, and let us know if you have any questions – and look out for an updated toolkit, and other materials, shortly!

Social Media Language

  • Twitter Posts:
    • Get ready for the #ChildTaxCredit! This payment will go out monthly – open a safe, no overdraft #BankOn account to get your money faster, safer, and cheaper. Learn how at covidbanking.joinbankon.org #ChildTaxCreditAwarenessDay
    • Expecting the #ChildTaxCredit? With a @CFEFund nationally certified #BankOn account, deposit your #ChildTaxCredit directly into your own account and avoid fees – learn how at covidbanking.joinbankon.org #ChildTaxCreditAwarenessDay

Updated Talking Points: https://joinbankon.org/wp-content/uploads/2021/06/Bank-On-COVID-19-and-CTC-Talking-Points_June-2021-Update.pdf