DOWNLOAD PRESENTATION TO FDIC
FiSCA "Economic Inclusion" Advocacy Program
On October 24th 2007, at the invitation of FDIC
Chairman Sheila Bair, FiSCA representatives Chairman Joe Coleman and
Patricia Cirillo, PhD, of Cypress Research Group, appeared before the
FDIC Committee on Economic Inclusion (comE-IN), to speak on the topic
“Money Services Businesses – Access to the Banking
System.”
In preparation for this meeting FiSCA created a
powerful and comprehensive document for the Committee members detailing
the Financial Service Center industry; history, business model,
customers and their activity with us, and more.
Highlights of this document (download below),
"Economic Inclusion: Meeting the Financial Needs of Low-and
Moderate-Income Consumers Through Financial Service Centers"
include:
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A statistical overview of the Financial Service Center industry,
its size, volume and scope as well as its customers and their
satisfaction ratings of the industry, based on statistics, never before
available
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A discussion of the differences between the bank and FSC business
models
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An overview of FiSCA’s Consumer Empowerment Program
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A discussion addressing bank discontinuance issues.
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Ten proposals made by FiSCA to comE-IN
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Three studies referenced within the presentation
This document and presentation before the FDIC formed the groundwork
for an aggressive advocacy program for 2008.
"Economic Inclusion: Meeting the Financial Needs of Low-and
Moderate-Income Consumers Through Financial Service Centers"
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