...Banks and credit unions offering certified accounts comprise over 50% of the U.S. deposit market share, and 40% of all US bank branches offer a certified account; nearly two million...
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...
...will then identify 3-5 partners with whom to work to further develop this opportunity for a subsequent implementation phase. Read FAQs about the project here; apply through our online grant...
...such as a debit or prepaid card, and online bill pay. Notable changes in the 2017-2018 Standards include expanded allowable bill pay functionality: standard-meeting transaction accounts must either offer internal...
...and opportunities to partner with local Bank On coalitions in their footprint and other national Bank On stakeholders. Account verification is free — please apply online here. Read Frequently Asked...
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...
...up to $45,000 per year for two years to as many as five Bank On coalitions to support a full-time Fellow to lead coalition’s activities. The CFE Fund will also...
The CFE Fund’s Bank On Listserv is an online community for Bank On coalition members, financial institutions, academics, and other stakeholders interested in banking access efforts. Members can ask questions...
...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,...
...include low costs, no overdraft fees, robust transaction capabilities such as a debit or prepaid card, and online bill pay. Notable changes in the 2021-2022 Standards include disallowing activation and...