CFSI Convenes Nonprofits and Financial Institutions To Discuss Underbanked in U.S.

Unique Joint Meeting Designed To Share Knowledge, Promote Cross-Sector
Innovation
CHICAGO--(Business Wire)--
The Center for Financial Services Innovation (CFSI) announced today an
unprecedented joint gathering of its Nonprofit Development Lab and its
Underbanked Solutions Exchange, comprised of nonprofit executives and mid-sized
financial institutions, respectively, all united in a commitment to better serve
underbanked consumers.

"This joint session will be an important opportunity to bring together
innovators from across the financial services industry," said Karen Andres,
Relationship Manager, CFSI. "By combining these two networks, our diverse group
of participants will be able to learn from each other and share ideas and
first-hand intelligence on best practices in serving the underbanked market. Key
elements of our agenda for this meeting are a case study of a real-world
partnership between a nonprofit and a financial institution making an impact for
underbanked consumers. Participants will also engage in a visioning exercise
designed to help place their efforts to serve the underbanked in the context of
the dynamic financial services landscape of the future."

Financial Institutions participating from the Underbanked Solutions Exchange
include: Bethpage Federal Credit Union, Centris Federal Credit Union, Comerica
Bank, El Banco de Nuestra Comunidad, ESL Federal Credit Union, Guaranty Bank,
Kinecta Federal Credit Union, Old National Bank, ShoreBank and US Federal Credit
Union. Nonprofit Development Lab participants include the following nonprofit
organizations: Alliance to Develop Power, Center for Community Self-Help, Credit
Builders Alliance, Consumer Credit Counseling Service of Delaware Valley,
Doorways to Dreams (D2D) Fund, Eastside Financial Center, Mountain Association
for Community Economic Development and Mission Asset Fund.

"CFSI is committed to deepening nonprofits` understanding of financial
institutions` views and efforts around serving the underbanked and vice versa,"
said Sarah Gordon, Nonprofit Relationship Manager. "Our hope is that
participants will leave the convening better positioned to develop and maintain
successful cross-sector partnerships."

Nonprofit Development Lab is supported by grants from the Citi Foundation and
The Walmart Foundation. The Underbanked Solutions Exchange is sponsored in part
by Meta Payment Systems. For more information about Nonprofit Development Lab or
the Underbanked Solutions Exchange, visit http://www.cfsinnovation.com.

About CFSI:

The Center for Financial Services Innovation is the nation`s leading authority
on financial services for underbanked consumers. Since 2004, its programs have
focused on informing, connecting, and investing - gathering enhanced
intelligence, brokering and supporting productive industry relationships, and
fostering best-in-class products and strategies. A non-profit affiliate of
ShoreBank Corporation, CFSI works with leaders and innovators in the business,
government and non-profit sectors to transform the financial services landscape.
For more on CFSI, go to www.cfsinnovation.com.

Media Contact:
Lorie Bonham, Communication Manager, CFSI,
312-881-5807 or lbonham@cfsinnovation.com

Copyright Business Wire 2009