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Alliance for Economic Inclusion (AEI)

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AEI Regional Initiatives

Dallas Region

Austin Alliance for Economic Inclusion, Austin, Texas

The Austin Alliance for Economic Inclusion (Austin AEI), formed in March 2007, is one of six AEI’s in the Dallas Region. The coalition is comprised of 176 partners representing 104 financial institutions, community based organizations, small business support organizations, faith-based organizations, state and local government agencies, community stake holders and federal bank regulators. The work of the Austin AEI encompasses the Austin-Round Rock-San Marcos Metropolitan Statistical Area (MSA), including three counties and the principal cites of Austin, Round Rock, Georgetown, Leander, Jollyville, Bastrop, Pflugerville, Del Valle, Garfield, Jonestown, Lago Vista, Lakeway, Manchaca, Manor, Rollingwood, and West Lake Hills.

The Austin AEI seeks to improve the financial capability of consumers, especially those of low- to moderate-income, and move them into the financial mainstream. The AEI model encourages development of basic, competitively priced financial products and services including checking and savings accounts, remittance products, small dollar loans along with the provision of targeted financial education, technical assistance and other asset building programs.
The Austin AEI has three standing committees:

  • Access,
  • Financial Education and
  • Communication/Membership

An Advisory Council provides oversight and guidance to the committees, as necessary.

In addition, AEI-sponsored Working Groups are addressing specific challenges such as financial products and education needs in the Rosewood Choice Neighborhood project area (Austin’s East Side). Other initiatives include Bank on Central Texas and Financial Fitness Greater Austin.

Point of Contact for Austin AEI:

Linda Gabriel, Community Affairs Specialist
FDIC Dallas Region
LGabriel@fdic.gov
972-761-2809


Northeastern Oklahoma Alliance for Economic Inclusion

The Alliance for Economic Inclusion for Northeastern Oklahoma (“NEOK AEI”) is one of six AEI’s in the Dallas Region. It is comprised of community based organizations, financial institutions, foundations, employers, faith-based organizations, tribal, state and local governmental agencies, bank regulators, and public officials. The NEOK AEI, launched in October 2012, has over 150 members representing 97 organizations.

The NEOK AEI partnership seeks to improve the financial capability of consumers especially those of low- to moderate-income and small businesses and move them into the financial mainstream. The AEI model encourages development of basic, competitively priced financial products and services including checking and savings accounts, remittance products, small dollar loans along with the provision of targeted financial education, technical assistance and other asset building programs. The AEI is centered in Tulsa and focuses on the needs of the twenty five counties in the northeastern quadrant of the State with particular emphasis on the needs of Native Americans.

The NEOK AEI has three standing committees:

  • Access,
  • Financial Education and
  • Small Business

An Advisory Council provides oversight and guidance to the committees, as necessary.

The NEOK AEI, through the Access Committee, is partnering to host the “Bridges Out of Poverty Program for Professionals,” a  program designed to help professionals understand the psychology of those in generational poverty so that services, products and programming can better support efforts to move from poverty to self-sufficiency.

The Financial Education Committee is planning a third “Credit Report Saturday” event. Through this outreach effort to date, more than sixty consumers have pulled a copy of their credit report and received one-on-one counseling from bankers and other financial education experts.

The Small Business Committee is hosting a Minority Small Business Forum at which small business owners will learn where to access debt and equity financing as well as technical assistance.

Point of Contact for the NEOK AEI:

Gloria Reynolds, Community Affairs Specialist
FDIC Dallas Region
glreynolds@fdic.gov
(972) 761-2413


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Last Updated 04/02/2013 communityaffairs@fdic.gov