Register Now: 2023 Bank On National Conference
Registration is now open for the 2023 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 23rd, 2023, with keynote addresses by Federal Deposit Insurance Corporation Chairman Martin J. Gruenberg and Office of the Comptroller of the Currency’s Acting Comptroller Michael J. Hsu. 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!
Newly Released: Spanish Language Version of the 2023-2024 Bank On National Account Standards
Working closely with our Bank On National Advisory Board and other key stakeholders, the CFE Fund released the English version of the Bank On National Account Standards. These standards provide local programs with a benchmark for account partnerships with financial institutions, and include both core and recommended features. The Standards were inspired by the 2012 Federal Deposit Insurance Corporation’s Model Safe Accounts Template. View the Spanish language version of the Bank On National Account Standards here.
New Data: Bank On National Data Hub 2021 Report
The CFE Fund and the Federal Reserve Bank of St. Louis partnered to create the Bank On National Data (BOND) Hub, which aggregates national Bank On account activity related to account openings, usage and consistency, and online access.
The latest BOND Hub report, The Bank On National Data Hub: Findings from 2021, provides an interactive look at findings from 2021 data collection featuring 28 reporting financial institutions. The report finds that to date, more than 14.1 million Bank On certified accounts have been opened by consumers across the county; customers have opened these accounts in 85% of US zip codes. Further, 80% of Bank On accounts opened in 2021 were opened by customers who were new to the financial institution, demonstrating that Bank On accounts are bringing new customers into financial institutions and the financial mainstream.
Read the report now, and learn more about reporting your Bank On certified account data to the BOND HUB.
Dig deeper into the data – use our tools to look at BOND Hub data at the zip code, city, and county level!
