BREAKING NEWS

2025 Bank On National Conference

May 28th, 2025

Today at the 2025 Bank On National Conference, over 200 partners from across the banking access field gathered to celebrate movement progress, marking ten years since the start of the movement. The conference featured a keynote address by Office of the Comptroller of the Currency Senior Deputy Comptroller for Bank Supervision Policy Grovetta N. Gardineer. There are now over 500 Bank On nationally certified accounts, offered by banks and credit unions representing more than two-thirds of the domestic deposit market. Federal and state agencies from the FDIC to the Internal Revenue Service to state Departments of Labor are pointing consumers to Bank On accounts to receive payments, as are local programs across the country. There are nearly 100 local Bank On coalitions working to advance this national movement, including an increasing number of statewide coalitions. Check out the Conference agenda here.


Register Now: 2025 Bank On National Conference

May 5th, 2025

Registration is now open for the 2025 Bank On National Conference – register now to save your seat! Our biennial Bank On National Conference will be held at the National Press Club in Washington D.C. on May 28th, 2025. The biennial Bank On National Conference brings together hundreds of local Bank On coalitions, financial institutions, banking regulators, elected officials, and other partners from across the country to share best practices in serving unbanked and underbanked populations, reflect on the progress of the Bank On initiative, and inform future Bank On efforts  — we hope you’ll join us! Check out the agenda here.


New Data: Bank On National Data Hub 2023 Data

December 5th, 2024

Created in partnership with the Federal Reserve Bank of St. Louis, the Bank On National Data Hub aggregates data from financial institutions with Bank On certified accounts from across the country, including account openings, usage, and online access. The 2023 report features data from 44 reporting institutions. The report shows that over 11 million Bank On certified accounts are currently open, with more than 4 million accounts opened in 2023 alone; 84% of them were opened by customers new to the financial institution. Overall, the national unbanked rate has been cut in half since its peak, and is now just 4.2% of US households.

Read the full report here.

The CFE Fund also recently updated our tool for exploring BOND Hub account data at the national; state; county; city; or zip code level.