Skip navigation

Office of Financial Empowerment

The Office of Financial Empowerment works to improve residents’ economic mobility by identifying and bridging gaps through coordinated efforts across internal and external partners, developing solutions through programs, policy, and practice to help stabilize families and individuals.

Check out our OFE fact sheet to learn more.

Through the Denver Financial Empowerment Center, the office provides free one-on-one financial coaching to help residents of Metro Denver reduce debt, develop savings and establish and improve their credit rating. Site locations are subject to change. Click here for a current list of site locations

The OFE’s Bank On Denver program helps unbanked or underbanked residents in Metro Denver access free or low-cost checking accounts, savings accounts and access opportunities to improve your credit rating.  
 

Programs and Services

Bank On Denver partners with financial institutions to develop financial products that meets the needs of low-income residents and connects unbanked and underbanked individuals and families to those safe and affordable financial products and services.

Learn more here.

Coming in April of 2019, the Consumer Financial Protection Division will address upcoming changes in the federal role of consumer protection by addressing education, prevention, enforcement, policy and supportive services including counseling and navigation for residents of the City and County of Denver. We recognize that opportunities exist to expand and better coordinate our current state of consumer protections to provide safeguards for our residents. The establishment of an official Consumer Financial Protection Division will pioneer the way that the City and County of Denver protects and enhances the lives of all players in the marketplace, including consumers, businesses and workers, and how that work ultimately fosters stronger, more sustainable, and thriving communities.

The Denver Financial Empowerment Center offers free one-on-one financial coaching that helps residents reduce debt, develop savings, establish credit, increase credit scores, access to banking services, energy assistance, housing assistance and free tax prep. There are 7 FEC locations in Denver. The FEC has helped clients reduce their overall debt load by nearly $3.5 million and develop new savings close to $1.5 million (March 2013 - June 2016).

Learn more here.

The Financial Empowerment Innovation Hub offers innovative solutions to government and nonprofits through financial empowerment strategies that affect economic mobility. Serves as an information hub for financial empowerment and economic mobility strategies.

The Financial Empowerment Training Network provides standardized and effective training for FEC coaches and service providers, allowing them to help clients resolve financial issues that could be contributing to their need for services. In addition to coach training, the training center focuses on training human service workers and direct service providers the basics in financial empowerment, giving them the tools to integrate this in to their work.

Learn more here.

The Regional Economic Mobility Network brings together city service providers including Denver Human Services and the Office of Economic Development with nonprofits/for-profits, banks and regulators to coordinate financial empowerment services, measure their effectiveness, and identify and address gaps in efforts to help Denver residents achieve economic mobility.

Programs and Services

Contact Us

Jason Salas, Director
jason.salas@denvergov.org
720.913.8462

Ken Seeley, Collaboration and Evaluation Specialist

ken.seeley@denvergov.org
720.913.8854

Lorelei Sommers, Grants Coordinator

lorelei.sommers@denvergov.org
720.913.8470

 
Translate This Page

 

ASL Version of This Page


3rd Annual Regional Economic Mobility Summit 


Upcoming Event: Conversations in Economic Mobility 

Conversations in Economic Mobility flyer