218-685-4486 x133 or 1-800-492-4805
The Family Assets for Independence in Minnesota (FAIM) program helps resident Minnesota wage earners build assets through purchase of a first home, pursuit of a higher education at an accredited public post secondary institution, or small business capitalization. FAIM account holders place monthly savings into Bremer Bank or City County Federal Credit Union family asset accounts (savings accounts) that will be matched $3 to $1 upon completion of program requirements. The FAIM program is administered by a list of agencies throughout Minnesota.
Money Mentors Free Financial Coaching Program:
Money Mentors is a financial coaching program provided by Prepare+Prosper. In the Money Mentors program, participants are provided with both virtual one on one financial coaching and peer group support sessions. Participants in the coaching program meet once a month virtually for a minimum of six months. The program serves individuals making less than $35,000 and families making less than $65,000 per year. To apply for Money Mentors, fill out an online application here
FAIR Financial Solution:
Developed hand-in-hand with consumers and nonprofits, FAIR Financial Solution banking programs offers bank accounts with predictable fees, no overdraft penalty, and a way to build credit. FAIR includes a checking, saving, and credit builder account. FAIR Financial Solution banking accounts are designed to work for families and individuals no matter their income, or banking history – with the exception of prior bank fraud activity excluded. Enrollment appointments are virtual. Learn more and apply here