In the Media
MEDIA CONTACT
Jackie Jusko
Cell: 216-374-0945
jjusko@buildcommonwealth.org
To drive maximum progress on making wealth possible for all, Commonwealth complements our innovation and partnerships by shaping relevant public and private conversations in the media. Amplifying our work in national, mainstream, and trade outlets is critical to informing and inspiring business, fintech, and policy leaders to act, and ultimately to achieving our vision of systemic change. Browse our latest articles here.
Lend Academy: Podcast 270: Tim Flacke of Commonwealth
Commonwealth Co-Founder & Executive Director Timothy Flacke joined Peter Renton on the Lend Academy Podcast to discuss the impact of emergency savings on helping financially vulnerable people build security and, eventually, wealth.
CBS News: More companies pushing employees to build a rainy day fund
Commonwealth's Timothy Flacke weighs in on the importance of emergency savings in this piece covering a new emergency savings program from UPS that reaches 90,000 employees. Commonwealth closely collaborated with UPS on this program; both organizations are partners in BlackRock's…
American Banker: A Biden Win Could Boost Long Standing Efforts to Help the Unbanked
Commonwealth Co-Founder and Executive Director Timothy Flacke joined other thought leaders to weigh in on the potential ramifications of a Biden win on low- and moderate-income bank consumers.
Wall Street Journal: UPS to Offer Employees a Way to Save for Emergencies
The Wall Street Journal breaks the news of UPS’s groundbreaking plan to offer nearly 100,000 of its employees a way to save for emergencies within the company’s 401(k) retirement plan, “becoming one of the largest U.S. employers to join a…
Marketplace: More Companies Are Starting Emergency Savings Programs for Employees
Employers are beginning to act to enable worker financial security, reports Marketplace. They share UPS's new emergency savings initiative, which allows 90,000 non-union US employees to automatically deposit a portion of their paycheck into a rainy day fund. Commonwealth, a…
Benefits Pro: Short-term savings crucial for employee retirement security
October is National Retirement Security Month. Commonwealth SVP Nick Maynard is sharing insights on the importance of short-term financial security for long-term retirement savings strategies with BenefitsPro.
BenefitsPro: As COVID Financial Crisis Increases, Eyes Shift Towards Employers
Commonwealth Co-Founder and Executive Director Timothy Flacke discusses on BenefitsPro the disproportionate impact of the economic crisis on low- and moderate-income workers, and the unique role employers can take in enabling financial security.
‘We’re At A Tipping Point’: Commonwealth Drives Systemic Change In Financial Services Alongside JPMorgan, BlackRock
Commonwealth Co-Founder and Executive Director Timothy Flacke sat down with Benzinga to share more about our work with fintechs and the importance of technology in short-term savings solutions and wealth building.
American Banker: The real cost of overdraft fees
Commonwealth Senior Vice President Melissa Gopnik joins Laura Alix to talk about the $111 billion in overdraft fees collected by banks each year–and how they affect financially vulnerable consumers.
DCIIA RRC and Commonwealth: Research Update
On September 29th, the Defined Contribution Institutional Investment Association’s (DCIIA) Retirement Research Center (RRC) hosted a webinar on the impact of coronavirus on defined contribution participants and plan sponsors. RRC’s Executive Director, Warren Cormier, cited our joint research, including a key finding that low-…
New York Times: Plight of the ‘Physical Worker’: Worn-Out Bodies and Little Savings
The New York Times examined the unique challenges that workers with “physical jobs” face in retirement, as they are often unable to continue in their jobs indefinitely. Commonwealth's Timothy Flacke weighed in, noting that physical work is strongly correlated with…
CU Today: Study Finds Prize-Linked Savings Program Succeeds in Helping Change Savings Habits
CU Today takes a look at Commonwealth's latest research on Prize-Linked Savings and the success of WINcentive Savings in Minnesota.