About OFE


The Office of Financial Empowerment (OFE) is a unique private-public partnership housed within the Office of the Treasurer of San Francisco that convenes, innovates and advocates to strengthen the economic security and mobility of all San Franciscans. For more than a decade, under the leadership of Treasurer José Cisneros, the OFE has engaged partners inside and outside City Hall to equip San Franciscans with knowledge, skills and resources to strengthen their financial health and well-being. At the same time, the OFE has leveraged what has worked on the ground to model what is possible for cities across the country.

The OFE designs, pilots and expands programs and policies that help low income families build economic security and mobility. Our programs include:

Kindergarten to College – the first and largest universal child savings program of its kind in the country manages accounts for 30,000 public school children.

Smart Money Coaching – delivers financial coaching through 18 sites across San Francisco.

Summer Jobs Connect – equips youth with a credit union account, financial education, and strategies to save during summer employment.

Bank On San Francisco – helps residents access safe, affordable accounts at responsible banks and credit unions.

Our work also includes policy efforts to fight predatory financial practices and help families build assets, and an economic Mobility Lab (mLab) to test innovations.



Harvard University
2015 Innovations in Government Award (Semi-Finalist)

US Conference of Mayors
2013 Excellence in Public-Private Partnerships

US Conference of Mayors
2013 Dollarwise Grant Wise Capacity Grant (First Place Winner)

Corporation for Enterprise Development
2012 Assets & Opportunity Award (As part of the Cities for Financial Empowerment Coalition)

San Francisco Financial Planning Association
2010 and 2011 Heart of Financial Planning Award

US Conference of Mayors
2009 Dollar Wise Capacity Grant (First Place Winner)

Office of Governor Schwarzenegger
2008 & 2009 & 2010 Bank on California Award Winners