...to use the tool; and urges caution as the FDIC explores moving towards online survey responses, given some un/underbanked and low-income consumers’ reluctance to submit personal information via online platforms....
...include low costs, no overdraft fees, robust transaction capabilities such as a debit or prepaid card, and online bill pay. Notable changes in the 2019-2020 Standards include allowing paper statement...
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...
...local government, working to create a fairer consumer financial marketplace. During this exploratory phase, the CFE Fund requests an initial Letter of Interest from interested mayoral or county administrations and...
The updated Bank On National Account Standards, identify critical product features for appropriate bank or credit union accounts. Core account features include low costs, no overdraft fees, robust transaction capabilities...
The CFE Fund invites financial institutions with products they believe meet Bank On National Account Standards (2019 – 2020) to apply for validation, and invites local Bank On coalitions to...
This January 2017 press release announces a suite of new Bank On resources: Bank On National Account Standards, updated for 2017-2018; a free online Bank On account validation and certification...
...additional fundraising for sustainability. Local coalitions can apply now through our online grant portal; watch the informational webinar, and read Frequently Asked Questions and their answers about the Fellowship opportunity....
...online community for Bank On coalition members, financial institutions, academics, and other stakeholders interested in banking access efforts. Members can ask questions and share resources with the community. Join now!...
...can be opened online. Municipal financial empowerment is a fundamental aspect of help and recovery. As city governments and others help residents navigate the financial impacts of the COVID-19 crisis,...