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, generously supported by Wells Fargo, provides funding and in-kind technical assistance to support a full-time Fellow to lead their coalition’s activities. The CFE Fund recently announced the fourth cohort of Bank On Fellows: Bank On Arizona (State of Arizona); Bank On CLE (Cleveland, OH); Bank On Inland SoCal (San Bernardino and Riverside County, CA); Kentucky Bank On Network (State of Kentucky); Bank On New Mexico (State of New Mexico); Bank On Northeast Louisiana (Northeast Louisiana).
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.