Margaret Libby is the CEO and Founder of MyPath, a national nonprofit that promotes upward economic mobility for and with BIPOC youth from low-income communities. Since its founding in January 2007, Margaret has led a national effort to demonstrate the effectiveness of integrating banking, saving and credit-building into youth employment settings. In partnership with youth, Margaret launched MyPath Savings, the nation’s first model to integrate banking, saving and peer support directly into youth employment settings, and MyPath Credit, the nation’s first youth-focused credit-building model. The models and best practices emerging from MyPath’s groundbreaking work have been adopted in cities across the country and inside nonprofits, financial institutions, public agencies and municipalities.
In 2020, Margaret launched the MyPath Wealth Equity Lab, a growing ecosystem of volunteers, partners and young people innovating new approaches to building fintech by and for BIPOC young adults, as well as piloting and advancing new economic strategies like guaranteed income and financial mentoring. The WE Lab is also giving young leaders the opportunity to advocate for policy change that will advance financial and economic inclusion for BIPOC youth. Through the Youth Economic Bill of Rights, or RYTS (Real Youth Troubles & Solutions), designed in partnership with BIPOC young adults, MyPath is partnering with youth leaders to advance policy solutions to build the economic and financial footholds that BIPOC youth need to achieve their potential, and unleash their talents and voices in our economy and democracy.
A 2020 James Irvine Leadership Awardee, Margaret currently serves on the Credit Builders Alliance Board of Directors, the NEFE Board of Trustees and is a founding member of nLIFT (Nonprofit Leaders in Financial Technology). She serves on the FDIC’s Committee on Economic Inclusion, and recently served as a member of the Consumer Financial Protection Bureau’s Consumer Advisory Board. Margaret has published extensively on youth leadership development, youth financial capability, community development and predatory lending. She holds a BA from Brown University and an MSW from U.C. Berkeley.