Bank On’s goal is to ensure that everyone has access to a safe and affordable bank or credit union account.

The CFE Fund’s national Bank On platform supports local banking access efforts.

BREAKING NEWS

COVID-19: It Has Never Been More Important to Have A Banking Account

April 1st, 2020

The time is now – and it’s not too late – to open a safe banking account to get unemployment money and other benefits faster & safer than a check. Visit covidbanking.joinbankon.org for details on which #BankOn certified accounts that can be opened online!

Bank On National Data Hub

April 10th, 2020

During this time, a safe, affordable and productive banking account is more important than ever – and the data continues to show that Bank On accounts are attracting new customers to the financial mainstream. Building off the CFE Fund’s partnership with the Federal Reserve Bank of St. Louis and a pilot study in 2017 , the St. Louis Fed’s Bank On National Data (BOND) Hub has released its latest report.

Making the Case for Banking Access: Talking to Unbanked People about Bank Accounts

November 7th, 2019

This report, Making the Case for Banking Access: Talking to Unbanked People About Bank Accounts, explores effective messages for communicating with those who are unbanked about the value of safe accounts. The CFE Fund commissioned strategic communications firm RALLY and polling research firm PSB to field a multi-city series of focus groups and surveys to uncover what types of messaging would most effectively move unbanked people to open accounts; a subset of the research focused on the financial attitudes, habits, and goals of unbanked people, as well as on Spanish-speaking unbanked people and how messages might best engage them to open accounts.

ACCOUNT STANDARDS

Bank On National Account Standards provide local programs with a benchmark for safe, affordable account partnerships with mainstream financial institutions.

OUR IMPACT

Bank On coalitions and accounts meeting Bank On Standards are available across the country. Certified accounts are available now in over 22,000 branches, with more on the way!

@CFEFUND

Miami youth are working remotely to gather resident feedback on the challenges of COVID-19 through phone interviews. With the paychecks they'll be earning this summer, @summerjobsMIAMI youth are pledging savings goals & getting ready to use their $$$ smartly #SummerJobsConnect

Having a banking account allows you to receive and use your unemployment money faster and more safely. For steps on how you can open a remote #BankOn certified acct today visit .

Thanks @BloombergCities for highlighting the important work that cities like @CityofMiami @summerjobsMIAMI and @chicagosmayor @1summerchicago are doing to support (remote) summer jobs and offer banking access and financial ed! #SummerJobsConnect

People across the country, like Leonte in Akron, Ohio, use the #FinancialEmpowermentCenters to budget and save, build credit and pay down debt.

Read his #FECPublic story here: https://t.co/o0rJdvJdN8
@AkronOhioMayor

We learned that banking status matters for FEC clients’ success. This brief details what unbanked clients achieved during #FECPublic counseling, + why good products matter for improving banking access – read here: https://t.co/lPMampnTXZ

Shout out to Work Ready Philadelphia! #SummerJobsConnect is happy to work with @PYNinc to provide Philadelphia youth with digital work experiences that focus on digital career readiness and financial literacy. Way to go @Philadelphiagov 👏

Having a banking account allows you to receive and use your unemployment money faster and more safely. For steps on how you can open a remote #BankOn certified acct today visit .

Calling all #SummerJobsConnect participants – tell us your #banking story. What have you learned about using a bank or credit union account to manage your money? Share your answer + tag #SummerJobsConnect for a chance to win a prize. We are choosing 3 winners tomorrow!

Proud of the amazing #FECPublic work featured in @NextCityOrg - financial counseling IS an essential city service, especially during COVID-19! FECs have helped so many build savings, pay down debt + weather this crisis moment. https://t.co/yroQSiJH8O

"Financial Empowerment Centers around the country have navigated benefits and challenges to remote counseling. And at a time of economic uncertainty, many believe it’s time to push the resource as an essential city service." TY @NextCityOrg for highlighting #FECPublic!