The CFE Fund’s Bank On national initiative supports local coalitions with strategic and financial support, as well as liaising nationally with banking, regulatory, and nonprofit organization partners to expand banking access, including through the first-ever Bank On National Account Standards.
The CFE Fund’s Bank On Fellowship program provides funding and in-kind technical assistance to support a full-time Fellow to lead their coalition’s activities. The first Bank On Fellowship cohort includes: Bank On Houston (Houston, TX); Bank On New Haven (New Haven, CT); Bank On Rubber City (Akron, OH); Bank On South Alabama (Mobile County, AL); and Bank On Suncoast (Tampa, St. Petersburg, and Sarasota, FL). The CFE Fund will soon announce the second cohort of the Bank On Fellowship. This fellowship is made possible through the generous support of Wells Fargo.
Bank On coalitions are locally-led partnerships between local public officials; city, state, and federal government agencies; financial institutions; and community organizations that work together to help improve the financial stability of unbanked and underbanked individuals and families in their communities.