Treasurer Goldberg names members of the Financial Literacy Task Force, on which Midas, MassSaves Coalition, and many other financial education stakeholders will serve. April, 2015
Midas is announced as one of 11 entities to win an award of the US Treasury Department’s Financial Empowerment Innovation Fund. The funding will support research for the Invest In College Success pilot program to be implemented with uAspire on the campuses of Bunker Hill, Northern Essex, and Springfield Technical Community Colleges.
Midas works with CFED to release CFED’s annual Assets & Opportunity Scorecard for Massachusetts. The Boston Globe covers the highlights. January, 2015
Midas member, Crittenton Women’s Union, released their report "From Opportunity to Burden: Profiles of Individuals Caught in the Credit Trap" at the State House on Nov 13, 2014. Midas co-hosted and participated in the event as partners and leaders proposed consumer financial protection policies in the new legislative session. State House News and The Boston Globe covered the report, the event, and the consumer debt issue.
Midas participated in process that yeilded the Boston Release of Family Assets Count report in Boston, followed by a column by Boston’s Mayor Marty Walsh and Bob Annibale of Citibank in the Huffington Post, followed by coverage by WBUR on the launch of the subsequent Office of Financial Empowerment in Roxbury. Oct 2014
Midas, the National Consumer Law Center, and others express concern about a bill before the Senate to end the prohibition against for-profit debt management companies in the state. The issue was covered by the New England Center for Investigative Reporting, the Boston Globe, and in radio spots on WBUR and WGBH. This was followed by a Boston Globe editorial in support of our position on 7/24/14.
Monson Savings Bank and MassSaves.org announce the launch of the local campaign to increase financial skills in Monson, Wilbraham, Hampton, and Ware area. Channel 22/WLLP covered the event.
Midas releases statement with regard to the Consumer Financial Protection Bureau’s Payday Lending Rules. March, 2014
The Corporation for Enterprise Development and Midas released the CFED’s Scorecard for Massachusetts on 1/30/14. Boston’s Channel 5 reported that "Three in Five Mass Residents On Edge of Financial Disaster."
An op-ed by Margaret Miley of Midas and Stuart Rossman of the National Consumer Law Center on a bill that would legalize for-profit debt settlement companies in the Bay State, appeared in the Metrowest Daily News, The Milford Daily News, and the Daily News Transcript (Dedham) on 1/6/14.