About Mount Vernon FEC
Mount Vernon Financial Empowerment Center
The City of Mount Vernon Financial Empowerment Center (FEC) Initiative, offers professional financial education through one-on-one financial counseling and coaching, as a free public service to area residents, regardless of income. The Mount Vernon FEC is open Westchester County residents. This initiative is made possible through a partnership between the City of Mount Vernon, Westchester County, Mercy University and Cities for Financial Empowerment Fund. Professionally trained and certified FEC counselors help residents manage their finances, pay down debt, increase savings, establish and build credit, and access safe and affordable mainstream banking products.
The FEC is housed at the Mount Vernon One-Stop Career Center, which is managed by the Westchester-Putnam Workforce Board and located at 130 Mount Vernon Avenue in Mount Vernon. Through partnerships with multiple community, non-profit and for-profit partners, we integrate financial counseling with other services including workforce development, housing and foreclosure prevention, prisoner reentry, benefits access, domestic violence services, and more. There is a 3-5 minimum session recommendation for new clients.
Mission
The Mount Vernon FEC are here to empower individuals and families in our community with the financial knowledge, skills, and resources necessary to achieve financial stability and independence. We are dedicated to transforming lives through comprehensive financial education, personalized counseling, and unwavering support, enabling our clients to build a brighter and more secure future.
Vision
Our vision for the City of Mount Vernon is to inspire a financially literate and economically empowered community where every individual has the opportunity to realize their financial dreams, create generational wealth, and contribute to a thriving local economy. We envision a future where financial wellness is within everyone’s reach, equipping our community members with the confidence and tools to make informed financial decisions and lead prosperous lives.
The Mount Vernon Financial Empowerment Center is a municipality that operates through a partnership between the City of Mount Vernon, Mercy University, Westchester County, and key community organizations. Together, we are committed to helping our community members achieve financial well-being, with the ultimate goal of improving their overall quality of life.