Commonwealth Executive Director Timothy Flacke discussed how financial institutions can help people build financial security, even during a crisis. 

“Even though it’s tempting to feel like the crisis has already hit, and that it’s too late to get ready for it, at the household level in some cases that’s not true. [Banks and credit unions] have an opportunity – maybe even a responsibility – to get that message out to customers and say, ‘What can we do to help you get that emergency savings account set up? How can we help you to get ready?’” Flacke said in the piece.