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333
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$570,016
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1460
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We are so proud of all of our clients for working hard to achieve their financial goals. With their permission, we are sharing a few shining stars' Success Stories!
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The Greater Memphis Financial Empowerment Center Launches Free Legacy Planning Program to Help Increase Asset Protection and Intergenerational Wealth... click here for more information
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Shelby County Trustee announces Greater Memphis Financial Empowerment Center Clients Have Paid Off Over $8,000,000 in Debt
Regina Morrison Newman, Shelby County Trustee, announces milestone met by the Greater Memphis Financial Empowerment Center Clients
03/13/26 – Regina Morrison Newman, Shelby County Trustee, in partnership with non-profit service provider RISE Memphis, announced today that the clients of the Greater Memphis Financial Empowerment Center (GMFEC) have paid off over $8,000,000 in debt. The GMFEC opened its doors almost seven years ago.
The GMFEC provides free, professional one-on-one financial counseling as a service to any County resident. It has now served almost 2,400 clients and those clients have jointly paid off their non-mortgage debt by over $8,000,000 as of the end of February 2026. On average, clients receive at least 2 hours of free financial counseling each but are entitled to receive counseling as long as they need it. This milestone was reached only six months after the previous milestone of $7,100,000 in debt reduction!
“Clients continue to amaze us with what they have been able to achieve through counseling with the GMFEC! The Trustee’s office is thrilled at their continued dedication to improving their financial stability.” - Regina Morrison Newman, Shelby County Trustee
The GMFEC is an integral part of Shelby County’s efforts to support individuals on their pathway out of any financial hardship that has resulted from the COVID-19 pandemic or other reasons, and toward financial stability.
"Every dollar of debt eliminated, every credit score improved, every bank account opened represents a family with more breathing room and more hope. Crossing $8.1 million in non-mortgage debt reduction affirms what we've always believed: when you invest in people, they exceed every expectation. RISE Memphis is humbled to be part of this work, and we remain committed to making sure every Shelby County resident knows that financial freedom is within reach."– Malcom Rawls, RISE Memphis Executive Director
To schedule an appointment with the GMFEC, visit https://fecpublic.org/appointment-greatermemphis or call (901) 390-4200.
03/13/26 – Regina Morrison Newman, Shelby County Trustee, in partnership with non-profit service provider RISE Memphis, announced today that the clients of the Greater Memphis Financial Empowerment Center (GMFEC) have paid off over $8,000,000 in debt. The GMFEC opened its doors almost seven years ago.
The GMFEC provides free, professional one-on-one financial counseling as a service to any County resident. It has now served almost 2,400 clients and those clients have jointly paid off their non-mortgage debt by over $8,000,000 as of the end of February 2026. On average, clients receive at least 2 hours of free financial counseling each but are entitled to receive counseling as long as they need it. This milestone was reached only six months after the previous milestone of $7,100,000 in debt reduction!
“Clients continue to amaze us with what they have been able to achieve through counseling with the GMFEC! The Trustee’s office is thrilled at their continued dedication to improving their financial stability.” - Regina Morrison Newman, Shelby County Trustee
The GMFEC is an integral part of Shelby County’s efforts to support individuals on their pathway out of any financial hardship that has resulted from the COVID-19 pandemic or other reasons, and toward financial stability.
"Every dollar of debt eliminated, every credit score improved, every bank account opened represents a family with more breathing room and more hope. Crossing $8.1 million in non-mortgage debt reduction affirms what we've always believed: when you invest in people, they exceed every expectation. RISE Memphis is humbled to be part of this work, and we remain committed to making sure every Shelby County resident knows that financial freedom is within reach."– Malcom Rawls, RISE Memphis Executive Director
To schedule an appointment with the GMFEC, visit https://fecpublic.org/appointment-greatermemphis or call (901) 390-4200.
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GMFEC Annual Update presented to County CommissionersTrustee Regina Morrison Newman, the President/CEO of the RISE Foundation, and the Grants Manager for the Women's Foundation of Greater Memphis presented the GMFEC annual report to the Shelby County Board of Commissioners today. The results received high praise from the commissioners present and a promise to continue to support the mission of the GMFEC.
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The Greater Memphis Financial Empowerment Center (GMFEC), a program of the Shelby County Trustee, in partnership with RISE Foundation, provides all residents with free, one-on-one financial counseling.
Not just another program, HELP for as long as you need it!
Who We Are |
What we do |
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The GMFEC is a Shelby County Trustee program in partnership with RISE Foundation, sponsored by the Women’s Foundation for a Greater Memphis, and made possible by a grant from the Cities for Financial Empowerment (CFE), and with contributions from Shelby County Government, Shelby County Assessor’s Office, Memphis Light, Gas and Water Division, United Way of the Mid-South, the Assisi Foundation, Bank On Memphis, and the City of Memphis. It is a “Driving the Dream” program of the United Way.
Our professionally trained financial counselors help clients create budgets, open safe and affordable bank accounts, explain credit reports, guide you on how to decrease debt and increase savings, and much more. Vertical Divider
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The GMFEC offers free, one-on-one professional financial counseling to all Shelby County residents.
Certified financial counselors are available for personalized guidance and can help you deal with a wide range of personal financial issues. Need help managing or reducing your household debt? Want advice on how to build or restore your personal credit? Have a budget but need some specific tips on how to better save for retirement or other goal? Counselors can help you:
Services are always free and available to all Shelby County residents regardless of income. |
Where we are LocatedGMFEC Hub Location
1355 Lynnfield Rd, Bldg B, Ste 101 Memphis, TN 38119 By Appointment Only (901) 390-4200 or register for an appointment online at https://fecpublic.org/appointment-greatermemphis Multiple co-locations available throughout Shelby County for the convenience of our clients. |