Giving Tuesday was created to unite us all in a day of generosity at the start of the holiday season. Join the movement and help make a positive impact by supporting First Step Alliance and our mission to improve access to fair and inclusive financial services for formerly incarcerated people and their families.
We are getting closer to opening the doors to a groundbreaking not-for-profit financial institution for the community. Diverge Proposed Federal Credit Union will be dedicated to meeting the financial needs and unique circumstances of formerly incarcerated people.
WHY IS THIS SO IMPORTANT?
More than 600,000 people are released from state and federal prisons in the U.S. each year and an estimated 24 million Americans have a felony record. For millions of formerly incarcerated individuals, fair treatment in banking is a huge issue. Many people can’t open an affordable bank account or qualify for even a small loan. Access to financial education is also limited, which can affect the ability to achieve long-term financial well-being. We are committed to changing this narrative and improving the financial lives of formerly incarcerated people and their families.