Press Releases
MEDIA CONTACT
Jackie Jusko
Cell: 216-374-0945
jjusko@buildcommonwealth.org
Commonwealth works in collaboration with partners and foundations to announce new initiatives, opportunities, impact, and milestones that inform and influence employers, the financial services industry, fintech innovators, policymakers, and beyond. Access our press announcements highlighting our latest research, partnerships, progress, impact, case studies, and more.
The BlackRock Foundation and Commonwealth Research Reveals Majority of Low and Moderate Income Americans Now Invest in Capital Markets
Join us at Boston FinTech Week, Starting Sept 9!
Boston FinTech Week 2019 is coming up soon! From September 9th – 12th, over 200 speakers will engage in 70+ events, with 4,000 attendees from startups, financial institutions, venture capital, and nonprofits. Commonwealth is proud to be Fintech Week's Social Impact…
New Study: Providing Simple Savings Options is Key to Reducing Lower-Wage Employee Financial Stress and Boosting Productivty
Commonwealth Research Surveys Lower-wage Employees and Highlights the Critical Role of Employer Savings Benefits on Financial Security This release was originally published on Business Wire, 7/9/19. BOSTON (July 9, 2019) — Boosting employee productivity and reducing staff turnover doesn’t need…
Commonwealth Teams Up with Flourish Savings to Support Their Goal of Combining Profit & Social Impact
Cross-Sector Partnership Aims to Serve Lower Income Workers’ Savings Goals While Making a Profit The fintech startup ecosystem can put heavy pressure on exponential growth, often at the expense of being able to take up a social impact mission. But…
Commonwealth and America Saves Announce SaveYourRefund $10,000 Grand Prize Winners for 2019
BOSTON – Commonwealth and America Saves are thrilled to announce Esmeralda and Crystal, both of Illinois, as the winners of $10,000 each in the 2019 SaveYourRefund Grand Prize Photo Contest. Esmeralda and Crystal set out to save part of their…
Multi-Year Effort Launches to Help Millions of Financially Vulnerable People Build Savings & Economic Opportunity
Employers, Retailers and Financial Service Providers to ‘Make Wealth Common’ BOSTON and NEW YORK (February 5, 2019): Decades of research points to the material, psychological and social value of wealth. Yet, building financial security is a persistent challenge for lower-income…
#TaxTimeSavings 2019 Twitter Chat
Each tax season, households making less than $52,000 claim $100 billion in federal tax refunds. For many of America’s low and moderate income households, their tax refund is by far the largest check they receive all year. This windfall provides…
Commonwealth and CHXD Announce Winners of Design & Innovation Challenge
Today, Commonwealth and the Center for Health Experience Design (CHXD) announced the winners of their design & innovation challenge, who answered the question: Can you design an innovation to improve the health insurance open enrollment experience so that it protects the financially…
Commonwealth and America Saves Team up for the Seventh Year of the SaveYourRefund Campaign
The 2019 SaveYourRefund campaign will once again give tax filers across the country the chance to win cash prizes for saving a portion of their tax refunds. Now entering its seventh year, SaveYourRefund provides fun and exciting incentives for Americans…
Prize-Linked Savings Bill Passes in California
Governor Jerry Brown of California has signed SB 1055 into law, making it the 29th state to pass prize-linked savings legislation. This measure authorizes state- and federally-chartered banks and credit unions located in California to offer prize-linked savings accounts to…
Innovations to Build Financial Security at Tax Time
Commonwealth has embraced tax time as a unique opportunity to build financial security – it happens predictably every year, people are already thinking about their finances, and a tax refund is often the largest check that families receive each year. We…
Design & Innovation Challenge: Benefit Selection for Financial Security
Commonwealth has partnered with the Center for Health Experience Design (CHXD) to launch an innovation challenge to envision a solution that will help financially vulnerable employees balance their health and financial needs at open enrollment. One of the factors that…
Commonwealth & EARN Announce Winner of National Tax-Time Savings Competition
Savers Win, a nationwide tax season savings program run by nonprofits EARN and Commonwealth, has named Greenville resident Jessica Butler the winner of the Grand Prize Story Competition. Savers Win, a limited-time promotion, was created to encourage more Americans to…