Financial Health Working Group

CFSI’s Financial Health Working Group was established in 2016 in order to gather companies at the forefront of financial health to discuss CFSI’s latest financial health work, share ideas about how companies can measure financial health by diagnosing, designing, delivering, and tracking to improve financial health over time, and ultimately help companies incorporate a financial health framework in their business. This will result in improved consumer financial health.

2017 Goals

  • In-person meetings at CFSI events (EMERGE and Network Summit) and two virtual meetings.
  • Members benefit from peer learning as they share findings from their own financial health initiatives, especially their financial health measurement work.
  • Members are provided a closer look at CFSI’s Financial Health Score and Algorithm, and can provide CFSI feedback.
  • Members serve as beta testers for financial health measurement strategies.
  • Members apply CFSI financial health research and insights within their organizations.

Membership Expectations

  • Each member contributes to the advancement of financial health through their organization’s measurement efforts measurement and is willing to share resources with the group.
  • Members attend working group meetings and contribute to discussions regularly.
  • The working group is made up of a diverse group of financial service providers of all sizes, mission-based organizations, and researchers.
  • In 2017, membership is limited to CFSI Financial Health Leaders, or those who have expressed interest in being a Financial Health Leader, to ensure a focused, committed group.
  • Non-CFSI Financial Health Network members, or organizations unable to meet Financial Health Leader criteria in 2017, may be invited to participate in the Working Group on a case-by-case basis as advisors.
  • Working group members have an equal voice in contributing to the agenda and discussion. Sponsorship does not elevate a member’s influence on the objectives or output of the working group.

MetLife Foundation is a major sponsor of CFSI’s ongoing consumer financial health work.