The Financial Empowerment Network (formerly known as the Seattle-King County Asset Building Collaborative) is an asset building collaborative of public, private and nonprofit organizations dedicated to helping low and moderate income people become financially stable.
Since our inception in 2006, spearheaded by the active leadership of Washington Appleseed, The Seattle Foundation and the City of Seattle, we have become a prominent force in the state for financial empowerment.
A community where low and moderate income residents are able to achieve financial well-being.
We advance financial empowerment through partnerships which support access to financial coaching, products and resources.
We organize our initiatives through a collaborative of organizations or action teams: Bank on Seattle-King County; Financial Education Partners Network (FEPN); EITC/Free Tax Preparation; Youth Financial Empowerment, Homeownership and Foreclosure Intervention and Integration of Financial Empowerment into other Service Systems.
To increase capacity, we look to our board of directors with support from our initiative co-chairs to help identify the needs of our community and advise the best course of action. This strategy has resulted in successfully securing the collaboration of many organizations in providing quality financial empowerment services, avoiding duplication of services, creating system change, and helping agencies make connections with each other to improve outcomes for their clients.