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Lynn Smith
  • New Haven, CT
  • United States
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  • Brianna Gavigan
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  • Elisabeth Verrastro
  • Rachel Goldstein
  • Bianca Bowles
  • Yvonne E. Jones
  • Lee Cruz
 

Lynn Smith's Page

Profile Information

Name of the Organization
Start Community Bank
Contact Person
Lynn Smith
Contact phone
203.752.1314
E-mail
lsmith@startbank.com
Website
http://www.startbank.com
Interest
Youth, Education, Adult Education, Financial Literacy
Description Interest
Community development bank with a mission to serve as a catalyst of positive change and to help build the wealth of New Haven families by education, encouragement, and low cost, high yield accounts that make sense.

Lynn Smith's Blog

Help us turn check cashing fees into savings balances

Posted on June 29, 2012 at 10:12am 0 Comments

$1.5 billion a year is spent in the USA on check cashing fees, according to the Brookings Institute.  The FDIC estimates that families without bank accounts - the unbanked or underbanked - spend between 3% and 5% of their income on cash-based financial services.  Since most government benefits are now made electronically through direct deposit, most of the checks being cashed are paychecks.  Many folks go to the check casher because they believe they do not have enough money for a bank…

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At 9:10am on June 14, 2011, Lee Cruz said…

Lynn,

Welcome to GNH Community. Members may post information that they think will be of interest to nonprofits or the people served by nonprofits. For example, you may post calendared events on the events page; non-date specific information on the blog; pictures, video or discussions in the forum. For profit members may not advertise services. However if you have a special bank service for nonprofits you may post that information in the blog. 

 

You need not limit yourself to information about the bank, you can also post about other nonprofits, civic or social organizations however you may want to encourage them to a join GNH Community and post their information when this is possible. 

 

Check out the groups created by other members; this is a great place to ask specific questions. You may request to join as many groups as you wish or start a new group. The creator of a group sets the parameters for membership. If you have a question about a group, please write to the owner (the person who initiated the group). If you have questions or suggestions as to how we can make GNH Community more helpful, please let me know.

GNH Community is a free service to nonprofits funded by the Community Foundation for Greater New Haven.

 
 
 

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Open Street Project

Local Initiatives Support Corporation

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What Three Years of Investment Can Do: Stories from LISC’s Black Economic Development Fund

In recognition of Black History Month, we’d like you to meet four organizations that, through support from LISC and the Black Economic Development Fund, are creating housing, employment and other economic opportunities in the neighborhoods that need them the most.

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