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Neighborhood Trust Financial Partners

Neighborhood Trust is a nonprofit that provides financial coaching to workers. They partner with small businesses, nonprofits, unions, government agencies, and credit unions to distribute services.

ABOUT

Neighborhood Trust Financial Partners is a nonprofit provider of financial coaching services for workers.


CHALLENGE 

Today’s workers lead complex and unpredictable financial lives, just one shock away from financial disaster. New business models shift the risk to workers – and the challenges workers face make saving nearly impossible.

  • 42% of workers make less than $15 an hour.
  • As many as 60% of workers experience variable schedules, leading to volatile incomes.
  • Millions of Americans are struggling with their financial health, as identified in the U.S. Financial Health Pulse: 2019 Trends Report.


SOLUTION

Neighborhood Trust connects workers to an expert financial coach who provides them with personalized guidance and an action plan for achieving both their short- and long-term goals. The coach also connects them to safe, affordable financial products that meet their needs.


FINANCIAL HEALTH FOCUS

The workers Neighborhood Trust serves are also some of the most financially underserved. Without a long-term plan and access to safe, goal-oriented products, they resort to expensive and predatory short-term services that cost them in the long run, such as payday loans and check cashers, creating a pernicious financial cycle.

What They Do

Financial Guidance On Your Phone

Team Members

Justine Zinkin
Justine Zinkin
CEO
Eric Cantor
Eric Cantor
VP Product

Year

2015

Location

New York, NY

Status

Active

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