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.
US News: How Does a Coronavirus Hardship Loan Work?
Many banks are offering hardship loans during COVID-19. Commonwealth Senior Vice President Melissa Gopnik weighs in on finding the right tool for a specific financial need, and the potential for employer hardship funds during this time, in a recent article…
Payments Journal: Towards Changing Savings as Usual
In an Op-Ed for Payments Journal, Commonwealth Senior Vice President Nick Maynard and Senior Policy Manager Jason Ewas look at what financial institutions need to keep in mind while designing better savings products for those financially impacted by COVID-19 –…
BenefitsPro: The CARES Act Demonstrates Need for Emergency Savings Within Retirement Funds
The CARES Act removes many of the penalties for early retirement withdrawals. It's a necessary step during this economic crisis, but it has long-term consequences for retirement savings. HR leaders can require retirement recordkeepers to build liquid emergency savings products…
Investment News: Interest in emergency savings accounts likely to grow post-COVID-19
Experts predict that the demand for emergency savings programs will increase in the wake of the COVID-19 crisis, and Commonwealth is working with regulators and providers to develop viable options.
Strategies for Building Employee Financial Security During the COVID-19 Pandemic
In a guest post for BenefitsPRO, Commonwealth Senior Vice President Melissa Gopnik lays out practical strategies employers can take now to improve the financial security of employees and strengthen their workforce for the future economic impact of the COVID-19 pandemic.
Nontraditional Workers Face Big Setbacks Amid COVID-19
The financial challenges of non-traditional workers have been a prominent issue during the pandemic. Planadviser covers our recent survey about the financial challenges of Etsy sellers, and Commonwealth's Brian Gilmore spoke to them about the challenges non-traditional workers face around…
30% of Etsy Sellers Don’t Save for Emergencies
An article in Small Business Trends looks at Commonwealth survey research into the financial problems facing Etsy sellers.
Emergency Savings: The Next Workplace Benefit
Commonwealth Executive Director Timothy Flacke talked with Investment News about some of the ways employers and retirement recordkeepers can enable people to build emergency savings as the COVID19 pandemic increases financial challenges for everyone. “There is a lot of evidence…
Building Financial Security, Even During a Crisis
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…
Op-ed: Cross-sector partnerships can enable cash relief
Cash assistance programs across America are beginning to deliver relief to workers affected by Coronavirus closures. In an op ed for Boston Business Journal, Commonwealth Executive Director Timothy Flacke shares what we have seen work well for these programs in our…
Podcast: ‘We’ve never seen anything like this before’
Commonwealth Executive Director Timothy Flacke joined American Banker's John Heltman on his Bankshot podcast to talk about how the COVID-19 pandemic is affecting financial institutions. Tim and other experts talk about whether banks can help forestall a major economic crisis, and…
Small-dollar loans highlight banks’ coronavirus relief efforts
Amid the COVID-19 outbreak, banks are offering low- or no-interest loans and waiving fees to make funds more accessible for consumers and small businesses. In this American Banker article, Commonwealth Executive Director Timothy Flacke encourages banks to think about what…