The CFE Fund’s Bank On National Account Standards (2019-2020) provide local programs with a benchmark for account partnerships with financial institutions, and include both core and recommended features. Accounts certified as meeting Bank On National Account Standards are listed below; they are available at all branches of these financial institutions.
*Chase is no longer opening Liquid accounts, but customers who currently have the product can maintain and continue to use their account.
1Axiom Bank’s AxiomGO account is no longer Bank On certified; Axiom will honor Bank On account terms for accounts opened before October 2019.
The CFE Fund invites financial institutions with products they believe meet Bank On National Account Standards (2019-2020) to apply at no cost for verification and certification, and also invites local Bank On coalitions to connect financial institutions with whom they are considering partnering in their communities to do the same.
Once verified as meeting Bank On Standards by the CFE Fund’s third party evaluator, the National Consumer Law Center (NCLC)*, financial institutions will receive a Bank On certification seal of approval for marketing and outreach purposes; national recognition highlighting the safety, affordability, and functionality of the account; and opportunities to partner with local Bank On coalitions and other national Bank On stakeholders.
Please contact us with any questions, and read Frequently Asked Questions about the validation and certification process here.
*NCLC does not set or interpret the National Account Standards, for which CFE takes sole responsibility.