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Job Training and Finanical Education

In a joint effort with the Center for Asset Building Opportunity (CABO) and the Los Angeles Community Development Department (LACDD), United Way of Greater Los Angeles has established the Financial Coaching Network (FCN) pilot program.

This program focuses on increasing the capacity of cases managers and their ability to assist in the financial development of their organizations’ clients using a model provided by The Financial Clinic (TFC) – a nonprofit organization which seeks to assist the working poor in numerous ways.

This unique approach seeks to leverage the strengths of 10 nonprofits and their commitment to overcoming real and perceived barriers by establishing a collaborative anti-poverty initiative and merging services that were once competitive in order to create a synergistic effort to maximize program and community resources throughout Los Angeles County.

Photos are from a TFC Organizational Development Session held at UWGLA headquarters in January.

 

 

Recently, nearly two dozen job seekers came one step closer to launching their future careers, thanks in part to funding provided by United Way of Greater L.A.

UWGLA partner, Jewish Vocational Services, formally recognized the newest graduates of its BankWorks program which offers job training, placement and advancement assistance to those wishing to pursue a career in the financial services industry.

Several major banks, including US Bank, Union Bank and Wells Fargo, were on hand to interview graduates immediately following the morning ceremony.

An estimated 1 million people in L.A. don’t have a bank account. A recent study showed that unbanked families have fewer opportunities to build credit, are prey to predatory lenders and are half as likely to save money as families with bank accounts.

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